June 4, 2020 / 4:43 PM / a month ago

ZoomInfo shares soar 90% in U.S. market debut

June 4 (Reuters) - Shares of ZoomInfo Technologies Inc jumped 90% in their U.S. market debut on Thursday, after the business intelligence platform raised about $934.5 million in the largest U.S. technology listing so far this year.

Shares opened at $40, giving the company a market value of $15.3 billion.

Carlyle-backed ZoomInfo priced its initial public offering at $21 per share earlier in the day, above its revised target range of $19-$20 apiece. (Reporting by C Nivedita in New Delhi; Editing by Shinjini Ganguli)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below