After six days of going down, Zoom is flat today, hovering around $76.13

Published: November 25 2022, 14:51 GMT+0

After six days of going down, Zoom is flat today, hovering around $76.13

Zoom trades at $76.13, after ending Wednesday at $76.14.

The trading session has started and Nasdaq is down 0.01% at 11,226. Zoom steady at $76.13, as opposed to the Communication Services sector which has increased 0.751%.

The video communications platform provider is now trading 65.42% below the significant high of $220.21 it set around 11 months ago. So far in 2022, it has been doing worse than the Nasdaq by 18.38%. Zoom's market cap currently stands at $19.11 billion with an average daily volume of 3.48 million shares.

Meanwhile, mixed performances are seen in other communication services stocks as Netflix is down to $286.82, losing 1.61%, after ending Wednesday at $291.5. Verizon is trading at $39.19 after ending Wednesday's session at $38.92 (up 0.68%). AT&T is trading at $19.24 after ending Wednesday's session at $19.09 (up 0.77%).

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