Zacks
0
All posts from Zacks
Zacks in Our Research. Your Success.,

LivePerson (LPSN) in Focus: Stock Jumps 5.5% in Session

LivePerson Inc. LPSN was a big mover last session, as the company saw its shares rise around 6% on the day. Shares gained after the company announced that it will connect a brand's Facebook Messenger presence to the leading security, scalability and intelligence of the LiveEngage platform. The news led to far more shares changing hands than in a normal session resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $5.51 to $5.95 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

LivePerson currently carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.

Another favorably placed stock in the same industry is Etsy, Inc. ETSY, sporting a Zacks Rank #1 (Strong Buy).

Is LPSN going up? Or down? Predict to see what others think: Up or Down

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
LIVEPERSON INC (LPSN): Free Stock Analysis Report
 
ETSY INC (ETSY): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research