LivePerson Drops Most in Six Months, Closes Gap With U.S. Shares
Stock Chart for LivePerson Inc (LPSN)
LivePerson Inc. (LPSN) dropped the most in more than six months after the Israeli provider of real-time chats and voice customer-service software’s U.S.-traded shares declined following a recommendation cut.
The stock retreated 6 percent, the most since Dec. 15, to 67.50 shekels, or the equivalent of $17.41, at 11:15 a.m. in Tel Aviv. The New York-traded shares fell 7.8 percent to $17.37 yesterday after shares were reduced to neutral from buy at Janney Montgomery with a share-price estimate of $18.
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