Zendesk maintains composure within $77.47 to $77.49 range

Published: November 25 2022, 08:35 GMT+0

Zendesk maintains composure within $77.47 to $77.49 range

The US stock market is closed for the Thanksgiving holiday and resumes today. Meanwhile, here is a recap of Wednesday: Zendesk, Inc. moves 0.03% to close at $77.48 Wednesday.

  • Daily trading volume (3.45 million shares) increased, making up 128% of the 21-day average (2.69 million).

The US stock market is set to reconvene later today following Thanksgiving in 5 hours time. Nasdaq increased to 11,300, which is a 0.99% change. While Zendesk remained flat Wednesday, the Technology sector went up by 1.33%.

7 months ago the software-as-a-service company reached a significant high of $129.12 but has consequently lost 40% since then. The Nasdaq has been doing worse in 2022, it has been passing it by 15.53%. Zendesk is currently trading with a market cap of $9.63 billion with an average daily volume of 2.69 million shares. $416.86 million was Zendesk's last reported revenue with 32 cents being the current EPS.

Meanwhile, mixed performances were seen by other technology stocks as NVIDIA added 3% to its value, and traded at $165.19. Salesforce traded at $152.24 after closing Wednesday's trading day at $149.25 (up 2%). Microsoft gained 1.04%, as it traded at $247.58.