Think Rivian Stock Is Volatile Now? Dec. 6 Could Bring Big Moves. [MarketWatch]
ZoomInfo Technologies Inc. (ZI)
Company Research
Source: MarketWatch
volatile for a while, especially because no one know what Wall Street analysts thinks about the company. No one on Wall Street covers the stock yet, according to Bloomberg. It could move still more as analysts weigh in with their views. Early Thursday, Rivian (ticker: RIVN) stock was down about 13%, while the S&P 500 had fallen by 0.2%. The Dow Jones Industrial Average had shed about 0.6%. Thursday's slide follows a 15% drop on Wednesday, but Rivian stock rose 121% the first five trading days following its initial public offering. At about $128 a share, Rivian stock is up about 64% from its $78 IPO price. It is no surprise that no one on Wall Street is covering the stock. Coverage usually comes about a month after an IPO wraps up. Brokers participating in an offering are typically prohibited from publishing research for about 25 days following the deal. Weekends can affect the exact timing of the start of coverage. Pinterest (PINS), for instance, sold shares in an IPO on Apr
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ZI
News
- ZoomInfo (ZI) Upgraded to Buy: Here's Why [Yahoo! Finance]Yahoo! Finance
- ZoomInfo Technologies Inc. (NASDAQ: ZI) had its price target lowered by analysts at Barclays PLC from $20.00 to $19.00. They now have an "equal weight" rating on the stock.MarketBeat
- ZoomInfo to Report Financial Results for First Quarter 2024 on May 7, 2024Business Wire
- Later Launches Beyond Influence Podcast With CEO Scott Sutton and Influencer and Former Love Is Blind Cast Member Kwame Appiah [Yahoo! Finance]Yahoo! Finance
- Who's the best in the customer service business? Consumers sound off on companies. [USA TODAY]USA TODAY
ZI
Earnings
- 2/12/24 - Beat
ZI
Sec Filings
- 4/9/24 - Form D
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- ZI's page on the SEC website