Zoom is currently trading around $64.12 as market participants await the company's quarterly performance report, scheduled for release today.
Zoom's Performance In Friday's trading, Zoom spiked to 64.76 and consolidated its gains before settling at 64.12. At today's open, Zoom looks set to open around $64.25. There were 4.22 million shares traded on the day, above the 2.68 million shares that would typically trade on an average day.
Over the past 5 days, Zoom has undergone a 3.49% appreciation. So far this year, Zoom has underperformed the Nasdaq by 0.26%. Zoom currently has a market cap of $19.30 billion.
Technical Outlook
Zoom Approaching Key Resistance Level at $65.34 and 66.53 thereafter.