Shares of Zoom Video Communications Inc. ZM, -1.87% shed 1.87% to $126.96 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -1.23% falling 1.23% to 13,548.07 and Dow Jones Industrial Average DJIA, -0.68% falling 0.68% to 34,079.18. This was the stock’s third consecutive day of losses. Zoom Video Communications Inc. closed $313.04 short of its 52-week high ($440.00), which the company reached on March 2nd.
The stock underperformed when compared to some of its competitors Friday, as BCE Inc. BCE, -0.53% fell 0.53% to $52.28 and Chunghwa Telecom Co. Ltd. ADR CHT, +0.59% rose 0.59% to $44.03. Trading volume (5.4 M) eclipsed its 50-day average volume of 3.9 M.