Could This Fund's $75 Million Bet on ZoomInfo Pay Off After the Stock's 85% Collapse?
The Motley Fool·2025-12-08 13:00
One hedge fund is doubling down on a stock many investors abandoned — here’s why the bet could pay off.On November 14, New York City-based RPD Fund Management disclosed a significant buy of ZoomInfo (GTM +0.10%), increasing its position by 725,616 shares in the third quarter, which contributed to an estimated $13.7 million position change.What HappenedAccording to a filing with the Securities and Exchange Commission dated November 14, RPD Fund Management purchased an additional 725,616 shares of ZoomInfo du ...