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LZ Technology (NASDAQ:LZMH) Shares Gap Up - Here's What Happened

LZ Technology logo with Computer and Technology background

LZ Technology Holdings Limited (NASDAQ:LZMH - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $5.45, but opened at $6.30. LZ Technology shares last traded at $5.78, with a volume of 340,856 shares traded.

LZ Technology Stock Performance

The firm has a 50 day moving average price of $15.68.

About LZ Technology

(Get Free Report)

As a holding company with no material operations of its own, LZ Technology conducts its operations through its operating entities formed in the PRC, primarily Lianzhang Portal and its subsidiaries. For the years ended December 31, 2022 and 2023, the Company had a total of 247 and 255 customers, respectively, who entered into contracts with the Company to purchase the Company's products and services.

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