Shares of LivePerson Inc.
plummeted 41.2% toward a seven-year low in premarket trading Thursday, after the provider of natural-language chat services using conversational artificial intelligence reported late-Wednesday a surprise fourth-quarter loss and revenue decline. During the quarter in November, LivePerson said its WildHealth subsidiary was notified that Medicare was suspending reimbursements for services pending further review.
plummeted 41.2% toward a seven-year low in premarket trading Thursday, after the provider of natural-language chat services using conversational artificial intelligence reported late-Wednesday a surprise fourth-quarter loss and revenue decline. During the quarter in November, LivePerson said its WildHealth subsidiary was notified that Medicare was suspending reimbursements for services pending further review.