Legalzoom Com Inc (LZ)

LegalZoom (LZ) shares dropped 20.46% on Q2 earnings meeting expectations but facing industry-wide price decline. Despite 4% revenue growth to $168.9 million, transaction revenue fell 7% to $60.5 million due to lower order value. Subscription revenue rose 12% to $102.2 million, with 26% more transactions and 159,000 new subscribers.

https://www.fool.com/investing/2023/08/09/why-shares-of-legalzoom-tumbled-today/