DJ Zoom Communications Inc. Stock Falls Friday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Zoom Communications Inc. (ZM) slid 1.72% to $78.07 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.51% to 19,630.20 and the Dow Jones Industrial Average rising 0.78% to 43,487.83.
This was the stock's second consecutive day of losses.
Zoom Communications Inc. closed 15.87% short of its 52-week high of $92.80, which the company achieved on November 25th.
Trading volume (2.9 M) remained 447,024 below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 17, 2025.
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(END) Dow Jones Newswires
January 17, 2025 17:33 ET (22:33 GMT)
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