Why LivePerson Stock Tanked Today

Why LivePerson Stock Tanked Today

Shares of LivePerson (NASDAQ: LPSN) have tanked today, down by 9% as of noon EDT, after the company reported third-quarter earnings. The results were mixed relative to consensus estimates. "A second consecutive quarter of 25%-plus revenue growth validates that LivePerson is at the forefront of a consumer-led, structural demand shift to Conversational AI," CEO Rob LoCascio said in a statement.