Zoom Communications (ZM) Falls More Steeply Than Broader Market: What Investors Need to Know

In the latest close session, Zoom Communications (ZM) was down 1.17% at $74.51. This change lagged the S&P 500's daily loss of 0.3%. Elsewhere, the Dow saw a downswing of 0.46%, while the tech-heavy Nasdaq depreciated by 0.38%. The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 72, placing it within the top 30% of over 250 industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, ...