Why ZoomInfo Technologies Shares Are Trading Higher By Around 25%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Avi Kapoor
ZoomInfo Technologies Inc. (ZI) shares surged approximately 25% in pre-market trading after reporting Q4 earnings and sales that exceeded analyst expectations. The company also provided an optimistic fiscal year 2024 outlook. Other stocks showed significant movement in pre-market trading, with notable gainers including ARBB, FAMI, CHSN, DHAI, DDC, RNLX, BHIL, JBLU, and TRIP, and losers including GTHX, SIEN, BOF, POL, TWOU, MGIH, JYD, MLGO, JAN, and TDC.
February 13, 2024 | 1:36 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JetBlue Airways Corporation shares surged 13.8% in pre-market trading after Carl Icahn disclosed a 9.91% stake in the company.
The disclosure of a significant stake by a high-profile investor like Carl Icahn can lead to increased investor interest and a potential short-term stock price increase.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 80
POSITIVE IMPACT
ZoomInfo Technologies Inc. reported Q4 earnings and sales above estimates and provided a positive FY2024 outlook, leading to a 24.5% pre-market stock price increase.
The positive earnings report and optimistic future outlook directly contribute to investor confidence, likely resulting in a short-term stock price increase.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Teradata Corporation shares declined 14% in pre-market trading despite reporting better-than-expected Q4 results, due to weak earnings guidance.
Despite positive Q4 results, the issuance of weak earnings guidance can dampen investor sentiment, leading to a short-term decline in stock price.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 80