Zoom Video Communications Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Zoom Video Communications Inc. (ZM) sank 0.12% to $74.45 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.80% to 10,867.93 and Dow Jones Industrial Average falling 1.62% to 29,590.41. This was the stock's sixth consecutive day of losses.
Despite its losses, the stock outperformed some of its competitors Friday, as BCE Inc. (BCE.T) fell 2.14% to $45.24 and Chunghwa Telecom Co. Ltd. ADR (2412.TW) fell 2.01% to $36.05. Trading volume (3.9 M) remained 790,835 below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 23, 2022.
(END) Dow Jones Newswires
September 23, 2022 17:32 ET (21:32 GMT)
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