Shares of Zoom Video Communications Inc. ZM,
moved 0.23% higher to $ 431.00 Wednesday, on what turned out to be an all-round mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
increases 0.20% to 31,437.80 and the NASDAQ Composite Index COMP,
decreased by 0.25% to 13,972.53. This was the stock’s second consecutive day of earnings. Zoom Video Communications Inc. closed at $ 157.84 below its 52-week high of $ 588.84 the company hit on Oct. 19.
The stock underperformed compared to some of its competitors on Wednesday, such as BCE Inc. BCE,
rose 0.32% to $ 43.77 and Chunghwa Telecom Co. Ltd. ADR CHT,
rose 0.28% to $ 39.34. The trade 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 data from Dow Jones and FactSet. See our terms of use for market data.