Zoom Video Communications Inc. stock rises Friday, outperforms market

Shares of Zoom Video Communications Inc. ZM,
advanced 2.98% to $82.62 on Friday in what turned out to be a generally positive trading session for the stock market, along with the NASDAQ Composite Index COMP,
up 2.11% to 12,112.31 and the Dow Jones Industrial Average DJIA,
up 1.19% to 32,151.71. Zoom Video Communications Inc. closed $223.64 below its 52-week high ($306.26), which the company hit on September 10.

The stock outperformed some of its competitors on Friday, such as BCE Inc. BCE,
rose 1.75% to $48.91 and Chunghwa Telecom Co. Ltd. ADR CHT,
rose 0.36% to $38.94. Trading volume (4.0M) remained 844,480 below its 50-day average volume of 4.8M.

Editor’s note: This story was automatically 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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