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LZ Technology (NASDAQ:LZMH) Shares Up 1.5% - Here's What Happened

LZ Technology logo with Computer and Technology background

LZ Technology Holdings Limited (NASDAQ:LZMH - Get Free Report) shot up 1.5% during mid-day trading on Wednesday . The stock traded as high as $6.40 and last traded at $5.53. 397,052 shares traded hands during trading, a decline of 36% from the average session volume of 621,640 shares. The stock had previously closed at $5.45.

LZ Technology Stock Up 10.1%

The firm has a 50 day moving average 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.

Further Reading

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