Shares of Zoom Video Communications Inc. ZM, +0.93% inched 0.93% higher to $79.59 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, +0.74% rising 0.74% to 11,719.68 and the Dow Jones Industrial Average DJIA, +0.10% rising 0.10% to 31,135.09. Zoom Video Communications Inc. closed $211.72 below its 52-week high ($291.31), which the company reached on November 4th.
The stock outperformed some of its competitors Wednesday, as BCE Inc. BCE, -0.80% fell 0.80% to $46.38 and Chunghwa Telecom Co. Ltd. ADR CHT, -0.57% fell 0.57% to $38.12. Trading volume (4.2 M) remained 623,024 below its 50-day average volume of 4.8 M.