share_log

ZoomInfo Reports Weak Results, Joins Chegg And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Benzinga ·  Aug 6 20:20

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Tuesday.

Shares of ZoomInfo Technologies Inc. (NASDAQ:ZI) shares declined 15.2% to $8.31 in pre-market trading after the company reported worse-than-expected financial results for the second quarter and announced a management transition.

The company announced that CFO Cameron Hyzer will step down from his role. Hyzer will remain in an advisory capacity until Oct. 7 to help facilitate a smooth transition. Graham O'Brien has been named interim CFO, effective Sept. 6.

ZoomInfo Technologies shares dipped 15.2% to $8.31 in pre-market trading.

Here are some big stocks recording losses in today's pre-market trading session.

  • Chegg Inc (NYSE:CHGG) shares declined 18.7% to $2.38 in pre-market trading following second-quarter results.
  • Helport AI (NASDAQ:HPAI) shares fell 15.2% to $7.15 in pre-market trading after declining 24% on Monday.
  • Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) fell 10.5% to $10.80 in pre-market trading after declining around 4% on Monday.
  • Teradata Corporation (NYSE:TDC) shares declined 8% to $26.83 in pre-market trading following weak quarterly sales.
  • Mizuho Financial Group, Inc. (NYSE:MFG) fell 7% to $3.57 in pre-market trading after declining over 5% on Monday.
  • Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) shares declined 5.6% to $8.96 in pre-market trading.
  • Cerus Corp (NASDAQ:CERS) fell 4.5% to $2.12 in pre-market trading following a 5% decline on Monday.
  • Sea Limited (NYSE:SE) shares slipped 3.6% to $57.78. Sea will announce its second quarter results before the opening bell on Aug. 13.

Now Read This:

  • Dow Records Worst Day In Around 2 Years, Mag 7 Stocks Lose $650B In Market Capitalization: Greed Index Moves To 'Extreme Fear' Zone
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment