capital · May 16, 2026
ZoomInfo Stock Falls 33% to $4.32 After Q1 2026 Earnings and Layoffs
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ZoomInfo Technologies stock plunged 28% to $4.32 per share in after-hours trading on May 12, 2026, reaching its lowest level since the 2020 IPO. The drop followed the May 11 announcement of 600 job cuts and reduced full-year revenue outlook to $1.185 billion–$1.205 billion. Vancouver-based ZoomInfo Technologies closed its Israel development center acquired via the 2021 Chorus.ai deal and eliminated roles in sales, G&A, and support. Shares traded at an all-time low after the company beat Q1 earnings but cited softer demand and AI competition.
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