Zoom Video Communications, Inc. (NASDAQ:ZM) shares are trading lower following positive coronavirus vaccine developments. A successful vaccine could potentially drive a return to the workplace and lifting of social distancing measures, lowering virtual communication usage.

Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing.

Zoom's stock was trading down 3.4% at 251.17 per share on Wednesday at the time of publication. The company has a 52-week high of $281.00 and a 52-week low of $60.97.