ZoomInfo, a company that helps businesses find information, had great news! Its stock price went way up after it announced good earnings. This means the company made more money than expected.
- ZoomInfo's stock price jumped over 22%.
- The company is buying back its own stock because it thinks its price is low.
- They bought back 46 million shares last year and plan to buy more.
- A new AI tool called CoPilot is doing well, bringing in lots of money.
Item | Number |
---|---|
Stock Price Increase | 22%+ |
Shares Repurchased (last year) | 46 million |
New Share Repurchase Plan | $500 million |
CoPilot Annual Contract Value | $150 million |
Even with good news, some experts are still cautious about the economy.