Zoom Video Communications Inc. share prices outperform competitors on Wednesday despite daily gains

Zoom Video Communications Inc. share prices outperform competitors on Wednesday despite daily gains

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Shares of Zoom Video Communications Inc. ZM,
+ 0.23%
rose 0.23% on Wednesday to $ 431.00, which was apparently an everyday mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.20%
by 0.20% to 31 437.80 and the NASDAQ Composite Index COMP,
-0.25%
by 0.25% to 13,972.53. This was the second consecutive earnings day of the stock. Zoom Video Communications Inc. closed $ 157.84 below the 52-week high ($ 588.84) the company reached on October 19th.

The stock underperformed some of its competitors on Wednesday as BCE Inc. BCE,
+ 0.32%
rose 0.32% to $ 43.77 and Chunghwa Telecom Co. Ltd. ADR CHT,
+ 0.28%
increased 0.28% to $ 39.34. The trading volume (4.7 million) remained 1.7 million below the 50 day average volume of 6.4 million.

Editor’s Note: This story was automatically generated by Automated Insights using Dow Jones and FactSet data. See our Terms of Use for Market Data.

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