Here's Why Zoom Video Communications (ZM) Fell More Than Broader Market
Zoom(ZM) Zacks Investment Research·2024-02-21 07:56
Zoom Video Communications (ZM) closed the most recent trading day at $61.32, moving -1.29% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.6%. At the same time, the Dow lost 0.17%, and the tech-heavy Nasdaq lost 0.92%.Shares of the video-conferencing company have depreciated by 10.73% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.1% and the S&P 500's gain of 3.56%.The investment community will be paying c ...