Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Shares of LegalZoom Tumbled Today

TheMotleyFool

0 0

Why Shares of LegalZoom Tumbled Today: https://g.foolcdn.com/editorial/images/743572/coins-stack-with-balance-scale-compound-returns.jpg

Shares of LegalZoom (NASDAQ: LZ) were falling today after the legal assistance platform posted in-line results in its second-quarter earnings report but said prices were falling in the industry.

The stock finished the session down 20.5%.

LegalZoom, which provides a platform that makes it easy for businesses to incorporate or to create other legal documents, said revenue in the quarter grew just 4% to $168.9 million, though that was ahead of the analyst consensus at $167.1 million.

Source Fool.com

Like: 0

Share