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Should You Buy the Dip in ZoomInfo Technologies?

Published 12/10/2021, 10:40 AM
Updated 12/10/2021, 11:30 AM
© Reuters.  Should You Buy the Dip in ZoomInfo Technologies?

Shares of ZoomInfo Technologies (ZI) have declined in price by 15% over the past month, indicating declining investor interest as major institutional investors and management liquidate their positions. However, with better-than-expected revenue growth reported in its last quarter, should one buy ZI on the dip? Read more to find out.ZoomInfo Technologies Inc. (ZI) in Vancouver, Wash., is a market intelligence and engagement platform that operates internationally. Shares of ZI have been slumping in price lately as institutional investors and insiders have been selling their holdings.

The stock declined 15% over the past month, despite the company reporting better-than-expected third-quarter results.

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