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Company Close Updates

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

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Terrence Horan

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Shares of Zoom Video Communications Inc. ZM, -1.70% advanced 5.74% to $366.40 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, -0.71% rising 0.35% to 14,069.42 and the Dow Jones Industrial Average DJIA, -0.36% rising 0.04% to 34,479.60. This was the stock's second consecutive day of gains. Zoom Video Communications Inc. closed $222.44 below its 52-week high ($588.84), which the company reached on October 19th.

The stock outperformed some of its competitors Friday, as BCE Inc. BCE, +0.52% fell 0.06% to $50.72 and Chunghwa Telecom Co. Ltd. ADR CHT, -0.15% rose 0.12% to $41.63. Trading volume (6.8 M) eclipsed its 50-day average volume of 3.1 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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