Shares of Zoom Video Communications Inc.
slid 2.89% to $304.85 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.06% to 34,133.03 and the NASDAQ Composite Index
falling 1.88% to 13,633.50. This was the stock's seventh consecutive day of losses. Zoom Video Communications Inc. closed $283.99 below its 52-week high ($588.84), which the company reached on October 19th.
The stock underperformed when compared to some of its competitors Tuesday, as BCE Inc.
rose 0.32% to $47.59 and Chunghwa Telecom Co. Ltd. ADR
fell 1.35% to $40.25. Trading volume (3.7 M) remained 608,858 below its 50-day average volume of 4.3 M.