ZoomInfo Technologies shares are trading lower following a Q2 revenue miss and weak Q3 guidance. Multiple analysts downgraded the stock following the report.
Portfolio Pulse from Benzinga Newsdesk
ZoomInfo Technologies shares are trading lower following a Q2 revenue miss and weak Q3 guidance. Multiple analysts downgraded the stock following the report.
August 06, 2024 | 10:26 am
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NEGATIVE IMPACT
ZoomInfo Technologies shares are trading lower due to a Q2 revenue miss and weak Q3 guidance. Multiple analysts have downgraded the stock.
The Q2 revenue miss and weak Q3 guidance indicate potential financial struggles, leading to a negative market reaction. Analyst downgrades further pressure the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100