Zoom Video Communications Inc. stock outperforms market on strong trading day

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Shares of Zoom Video Communications Inc. ZM, +0.60% inched 0.60% higher to $255.49 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.14% falling 0.14% to 14,465.92 and Dow Jones Industrial Average DJIA, -0.34% falling 0.34% to 34,378.34. The stock’s rise snapped a two-day losing streak. Zoom Video Communications Inc. closed $333.35 below its 52-week high ($588.84), which the company reached on October 19th.

The stock outperformed some of its competitors Tuesday, as BCE Inc. BCE, -0.18% fell 0.18% to $50.52 and Chunghwa Telecom Co. Ltd. ADR CHT, +0.43% rose 0.43% to $39.79. Trading volume (3.1 M) remained 1.6 million below its 50-day average volume of 4.6 M.

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

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