Zoom Communications stock rises 3.07% and outperforms market

9 articles · Updated · MarketWatch · May 7

Shares closed at $108.36 on Thursday as the Nasdaq Composite fell 0.13% to 25,806.20 and the Dow Jones Industrial Average dropped 0.63% to 49,596.97.
The stock finished 1.04% below its 52-week high of $109.50, reached on 5 May.
Trading volume was 4.7 million shares, above the company's 50-day average of 4.6 million, indicating slightly stronger investor activity.

As Zoom's own executives sell stock, is the market's new bet on its AI-powered future truly sustainable?

Can Zoom's pricey AI tools win against the bundled features from rivals like Microsoft and Cisco?