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Why ZoomInfo Technologies Stock Plunged Today

TheMotleyFool

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Why ZoomInfo Technologies Stock Plunged Today: https://g.foolcdn.com/editorial/images/707397/cloud-computing-data-storage.jpg

Shares of ZoomInfo Technologies (NASDAQ: ZI) were taking a dive today after the cloud software company offered disappointing guidance in its third-quarter earnings report.

As of 12:35 p.m. ET, the stock was down 26.6%.

Shares of ZoomInfo, which helps companies identify target customers and provides go-to-market tools, reported solid results in the quarter with revenue up 46% to $287.6 million, which beat estimates at $278.5 million.

Source Fool.com

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