Zoom Video Communications Inc. stock outperformed. On the market on a strong trading day

Shares of Zoom Video Communications Inc.
ZM,
+ 1.59%

It rose 1.59% to $261.50 on Thursday, in what proved to be an overall bleak trading session for the stock market, with the Nasdaq Composite Index
COMP,
-0.44%

It fell 0.44% to 14,448.58 and the Dow Jones Industrial Average
DJIA,
-1.59%

It fell 1.59% to 33843.92. The stock’s rally cut a two-day losing streak. Zoom Video Communications Inc closed $327.34 off its 52-week high ($588.84), which the company reached on October 19.

The stock outperformed some of its competitors on Thursday, as BCE Inc.
european central bank,
+ 0.99%

It rose 0.99% to $50.06 and Chunghwa Telecom Ltd. ADR
cht,
-2.07%

It fell 2.07% to $39.29. The trading volume (4.7 million) exceeded its 50-day average volume of 4.5 million.

Editor’s Note: This story was automatically generated by machine visions, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

.

Leave a Reply

Your email address will not be published.