Why LivePerson Stock Tumbled Today

Shares of LivePerson (NASDAQ: LPSN) were taking a dive today after the conversational artificial-intelligence company missed the mark in its second-quarter earnings report and lowered its guidance for the year.

As of 11:17 a.m. ET on Tuesday, the stock was down 21.9%.

LivePerson, a software-as-a-service company that powers chatbots and other messaging tools for businesses, said that revenue in the quarter increased 11% to $132.6 million, which was below estimates at $135.6 million.

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Source Fool.com