Surge in ZoomInfo Technologies Shares Post Strong Q4 Earnings Amid Pre-market Movements

In a remarkable start to the day's trading session, shares of ZoomInfo Technologies Inc. ZI saw an impressive ascent, rising approximately 25% in the pre-market phase. This leap was spurred by the company's announcement of its fourth-quarter financial results, which surpassed Wall Street analysts' expectations. ZoomInfo, known for its cloud-based market intelligence platform for sales and marketing teams, reported earnings of 26 cents per share, consequently eclipsing the analyst consensus estimate of 25 cents by a notable 4% margin.

Broader Market Movements

ZoomInfo's performance is against the backdrop of various other stocks displaying notable pre-market activities. Among them, TripAdvisor, Inc. TRIP, the Massachusetts-based online travel giant; JetBlue Airways Corporation JBLU, the New York-headquartered passenger air transport service provider; and MicroAlgo Inc. MLGO, delivering central processing algorithm solutions, based in Shenzhen, China.

Other stocks showing movement include Renalytix AI plc RNLX from the UK with its AI-enabled diagnostic solutions for kidney diseases; 2U, Inc. TWOU, an educational technology company with a global presence; and ARB IOT Group Limited ARBB from Kuala Lumpur, delivering IoT solutions. Furthermore, Teradata Corporation TDC from San Diego provides hybrid cloud analytics software; Jayud Global Logistics Limited JYD offers cross-border supply chain services; and JanOne Inc. JAN in Las Vegas focuses on non-opioid pain management therapies.

Additionally, pre-market movers include the Chinese agricultural product processor Farmmi, Inc. FAMI; Oregon-based BranchOut Food Inc. BOF with their plant-based products; and the medical aesthetic company Sientra, Inc. SIEN from California. G1 Therapeutics, Inc. GTHX in North Carolina is also in the spotlight as they advance cancer treatment therapies, while Hong Kong's Millennium Group International Holdings Limited MGIH provides packaging solutions, and Chanson International Holding CHSN sells a variety of bakery and beverage products.

ZoomInfo, PreMarket, Earnings