Why ZoomInfo Technologies Stock Dived by Almost 33% Today

The stock of ZoomInfo Technologies (NASDAQ: GTM) was zooming in the exact opposite direction that investors wanted on Tuesday. On the back of a poorly received earnings report, market players aggressively traded out of the enterprise database company, leaving its shares with a nearly 33% loss on the day.In its first quarter, ZoomInfo reported revenue of slightly over $310 million, up 1.5% year over year. Net income not under generally accepted accounting principles (GAAP) saw a more dramatic rise of almost 7% to $87.5 million, or $0.28 per share. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool