Why LivePerson Stock Jumped on Wednesday

Shares of high-tech customer support solutions specialist LivePerson (NASDAQ: LPSN) soared on Wednesday, rising as much as 29.1%. As of 11 a.m. EDT, the stock was up 21.5%.

The stock's gain follows the tech company's second-quarter earnings release. Bullishness for the stock on Wednesday likely reflects the company's stronger-than-expected revenue and management's optimistic outlook for the rest of the year.

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Source Fool.com