ZoomInfo investors may receive additional information about the investigation by clicking the link "Submit Your Information" above.
Kessler Topaz Meltzer & Check, LLP is currently investigating potential violations of the federal securities laws on behalf of purchasers of ZoomInfo Technologies Inc. (NASDAQ: ZI) (“ZoomInfo”) securities.
On July 31, 2023, ZoomInfo released its financial results for the second quarter ended June 30, 2023 and cut its full-year guidance for revenue, free cash flow and earnings. Additionally, ZoomInfo disclosed, among other things, that the company is “continuing to see a degradation in the trend, particularly with respect to software and technology clients, but just overall renewals.”
Following this news, the price of ZoomInfo stock declined nearly 26%, to close at $18.67 per share on August 1, 2023.
If you have any questions or would like to discuss this investigation, please contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com.