Why Is It Moving? Looking At Zoom Video Communications's Price Action Today

January 4, 2021 10:48 am
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Zoom Video Communications’s Stock Price And Volume Action

Zoom Video Communications’s (NASDAQ:ZM) stock has been rising Monday, up 5.84% to a price of $358.6. Monday the stock has been traded at a volume of 3.09 million, about 42.22% of its recent 30-day volume average of 7.32 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Zoom Video Communications shares are trading higher as the stock continues its 2020 momentum amid rising US COVID-19 cases and a slower-than-expected vaccine rollout.

Insights On Recent Price Action

The stock’s 50-day moving average was $428.65 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $588.84 and fallen to a low of $65.81.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

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