0.72 (4.29%) 1d

It is part of a common theme - a lot of tech related higher multiple stocks are in for tougher times. We had a long tech cycle which fell substantially last year. The sector has had a nice bounce this year but has some proving to do. With yields on 10 and 30 year bonds ticking higher it becomes less attractive for investors to pay for higher multiples. Also many people have bought at higher prices and are anxious to sell if it moves higher to get some or all of their money back. This type of investor has to be cleared out before a sustained rally.

A Montreal fintech company that has now listed on the Nasdaq. It soared to the $80s last February then fell to $55ish by mid-May as tech fell out of favour. But now they're back in fashion, so LSPD has soared to $85. Its recent quarter saw 127% revenue growth from subscriptions but also through lots of acquisitions.
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Lightspeed Commerce Inc.(LSPD-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Lightspeed Commerce Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Lightspeed Commerce Inc.(LSPD-N) Frequently Asked Questions

What is Lightspeed Commerce Inc. stock symbol?

Lightspeed Commerce Inc. is a American stock, trading under the symbol LSPD-N on the New York Stock Exchange (LSPD). It is usually referred to as NYSE:LSPD or LSPD-N

Is Lightspeed Commerce Inc. a buy or a sell?

In the last year, there was no coverage of Lightspeed Commerce Inc. published on Stockchase.

Is Lightspeed Commerce Inc. a good investment or a top pick?

Lightspeed Commerce Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Lightspeed Commerce Inc..

Why is Lightspeed Commerce Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Lightspeed Commerce Inc. worth watching?

0 stock analysts on Stockchase covered Lightspeed Commerce Inc. In the last year. It is a trending stock that is worth watching.

What is Lightspeed Commerce Inc. stock price?

On 2023-11-30, Lightspeed Commerce Inc. (LSPD-N) stock closed at a price of $16.07.