Here's Why Zoom Video Communications (ZM) Gained But Lagged the Market Today
ZMZoom(ZM) Zacks Investment Research·2024-02-15 07:51

Zoom Video Communications (ZM) closed the latest trading day at $64.14, indicating a +0.75% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.96%. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq gained 1.3%.Prior to today's trading, shares of the video-conferencing company had lost 7.87% over the past month. This has lagged the Computer and Technology sector's gain of 6.92% and the S&P 500's gain of 3.69% in that time.The upcoming earnings release of Zoom ...