ZoomInfo (ZI) Stock Trades Down, Here Is Why [Yahoo! Finance]
ZoomInfo Technologies Inc. (ZI)
Company Research
Source: Yahoo! Finance
This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%. The move was the first in a list of anticipated retaliatory measures that could have had investors really worried. The tariffs were also widely seen as a significant threat to global trade flows, with the potential to slow economic growth and drive up consumer prices. The shares closed the day at $7.53, down 14.3% from previous close. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy ZoomInfo? Access our full analysis report here, it's free ZoomInfo's shares are quite volatile and have had 19 moves greater than 5% over the last year. But moves this big are rare even for ZoomInfo and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 1
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