technology

05 Jun: ZoomInfo stock soars on its debut trading day

ZoomInfo stock is the first software IPO of 2020

ZoomInfo Technologies Inc. (ZI) stock surged on its first public trading day closing at 34.00,+13.00 (+61.90%).

“ZoomInfo Technologies (ZI) late Wednesday priced an initial offering of 44.5 million class A common shares at $21, giving the company a valuation of about $8.2 billion”, source: https://www.barrons.com/articles/zoominfo-prices-ipo-at-21-a-share-above-expected-range-51591282808?siteid=yhoof2&yptr=yahoo