LivePerson Tumbles as Customer’s Exit Sours 2013 Outlook
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LivePerson Inc., a maker of software that allows businesses to track customers on their websites, tumbled the most in almost 12 years in New York after cutting its forecast for 2013 sales.
Shares of LivePerson plunged 33 percent to an 2 1/2-year low of $8.48 by 12:14 p.m., set for the biggest one-day slump since July 2001. Trading volumes were more than 17 times the daily average over the past three months. LivePerson sank 23 percent in Tel Aviv to a record-low 35.07 shekels, or $9.89.