Why Zoom Video Communications (ZM) Outpaced the Stock Market Today
Zoom(ZM) Zacks Investment Research·2024-01-30 07:56
The latest trading session saw Zoom Video Communications (ZM) ending at $68.93, denoting a +1.76% adjustment from its last day's close. This change outpaced the S&P 500's 0.76% gain on the day. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 1.12%.Heading into today, shares of the video-conferencing company had lost 5.8% over the past month, lagging the Computer and Technology sector's gain of 4.99% and the S&P 500's gain of 2.5% in that time.Analysts and investors alike will be keep ...