Shares of Zoom Video Communications Inc. ZM, +0.77% inched 0.77% higher to $295.86 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, -0.25% falling 0.25% to 15,248.25 and Dow Jones Industrial Average DJIA, -0.43% falling 0.43% to 34,879.38. Zoom Video Communications Inc. closed $292.98 short of its 52-week high ($588.84), which the company reached on October 19th.
The stock outperformed some of its competitors Thursday, as BCE Inc. BCE, -0.11% fell 0.11% to $52.71 and Chunghwa Telecom Co. Ltd. ADR CHT, -0.17% fell 0.17% to $40.05. Trading volume (3.3 M) remained 683,985 below its 50-day average volume of 4.0 M.