Bearish Zoom declines $1.4 (1.98%)

Published: March 19 2023, 12:25 GMT+0

Bearish Zoom declines $1.4 (1.98%)

Friday at a glance: during Friday's session, Zoom toiled and struggled for upward momentum before closing at $69.19. By the close, the the video communications platform provider suffered a $1.4 or 1.98% loss.

Zoom was not the only decliner in the communication services sector; Meta Platforms lost 4.55% Friday and closed at $195.61. AT&T went down 1.41%, closed at $18.39.

On the other hand, positive performances could be seen by looking at other communication services stocks as Alphabet traded at $102.46 after closing Friday's trading day at $101.07 (up 1.38%).

On a negative trend for around a month. Approximately 11 months ago, the video communications platform provider reached a significant high of $126.26 but has struggled to hold onto its gains and declined 44.09% since then.