Zoom Video Communications Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Zoom Video Communications Inc. (ZM) shed 3.57% to $99.50 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 2.01% to 12,705.22 and Dow Jones Industrial Average falling 0.86% to 33,706.74.
The stock underperformed when compared to some of its competitors Friday, as BCE Inc. (BCE.T) rose 0.47% to $50.81 and Chunghwa Telecom Co. Ltd. ADR (2412.TW) fell 0.81% to $40.46. Trading volume (3.7 M) remained 598,481 below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 19, 2022.
(END) Dow Jones Newswires
August 19, 2022 17:31 ET (21:31 GMT)
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