Zoom Communications Inc. Stock Falls Monday, Underperforms Market
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Shares of Zoom Communications Inc. (ZM) fell 1.91% to $107.12 on Monday, underperforming the market despite a favorable trading session, with the NASDAQ up 0.10% and the Dow Jones up 0.19%. This decline ended a two-day winning streak for the stock, which is now 2.17% below its 52-week high of $109.50 reached on May 5th. Trading volume was 4.0 million, falling short of the 50-day average of 4.3 million.
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