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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


Stock market news for June 4, 2020

Stock market news

A mixed close for the US stock market on June 4, 2020. At the close on June 4, 2020 the number for the major stock indices were as follows:

S&P 500: 3,112.35,-10.52(-0.34%)
Dow 30: 26,281.82,+11.93(+0.05%)
Nasdaq: 9,615.81,-67.10(-0.69%)
Russell 2000: 1,452.06,-0.03(-0.00%)

Stock movers

American Airlines Group Inc. (AAL) stock gained more than 40% on news, having a stock price at the close of 16.74+4.89 (+41.25%).

American Airlines Group Inc. (AAL) stock daily chart
American Airlines Group Inc. (AAL) stock daily chart

Source: Stockscharts

Stocks that were top gainers, top losers and most active:

Stock gainers

Kezar Life Sciences Inc. (KZR): 7.75,+ 3.28 +73.38%
ZoomInfo Technologies Inc. Cl A (ZI): 34.00, +13.00 +61.90%
Luckin Coffee Inc. ADR (LK): 4.05,+1.47 +56.98%

Stock losers

FSD Pharma Inc. (HUGE): 5.25, -2.14 -28.96%
Smartsheet Inc. (SMAR): 45.50 ,-13.58 -22.99%
Cassava Sciences Inc. (SAVA): 2.66, -0.76 -22.22%

Most active stocks

American Airlines Group Inc. (AAL): 16.72,+ 4.87 +41.10%
Luckin Coffee Inc. ADR (LK): 4.05,+ 1.47 +56.98%
Genius Brands International Inc. (GNUS): 6.86, -1.07 -13.49%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Financials were the best performing sector +1.97%, Utilities were the worst-performing sector -1.95%.

U.S. Sectors & Industries Performance for June 4, 2020
U.S. Sectors & Industries Performance for June 4, 2020

Source: Fidelity

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

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