Shares of Zoom Video Communications Inc.
rallied 1.62% to $319.95 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
rising 1.24% to 13,138.72 and the Dow Jones Industrial Average
rising 1.39% to 33,072.88. The stock’s rise snapped a two-day losing streak. Zoom Video Communications Inc. closed $268.89 short of its 52-week high ($588.84), which the company reached on October 19th.
The stock outperformed some of its competitors Friday, as BCE Inc.
rose 0.29% to $45.74 and Chunghwa Telecom Co. Ltd. ADR
fell 0.18% to $38.71. Trading volume (3.2 M) remained 2.2 million below its 50-day average volume of 5.4 M.