Zoom shares climb 4% in effort to claim late-December gains
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Zoom Video Communications (NASDAQ:ZM) shares rose more than 4% in mid-day trading Thursday as the cloud-based communications technology provider looked to score some late-December gains after what has been a disappointing year for the company on the stock market.

There was no noticeable news involving Zoom (ZM) that would have directly impacted the company's shares on Thursday. Just 1.2M shares of Zoom (ZM) stock had been exchanged by mid-afternoon compared to its average daily volume of 3.8M shares exchanged.
For the year, Zoom (ZM) shares have lost more than 63% of their value.
In late November, Zoom (ZM) took a beating after the company gave what Piper Sandler analyst James Fish called "a lump of coal" business outlook.