News

ZoomInfo (ZI) Stock Trades Down, Here Is Why

Shares of sales intelligence platform ZoomInfo fell 13.4% in the afternoon session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%. The move was the first in a list of anticipated retaliatory measures that could have had investors really worried. The tariffs were also widely seen as a s