Lightspeed Commerce Inc. (TSE:LSPD – Get Rating) shares dropped 7.6% during mid-day trading on Thursday . The stock traded as low as C$28.42 and last traded at C$29.06. Approximately 541,497 shares traded hands during trading, a decline of 61% from the average daily volume of 1,380,182 shares. The stock had previously closed at C$31.44.
Analyst Ratings Changes
Several brokerages have weighed in on LSPD. Cormark dropped their target price on Lightspeed Commerce from C$71.00 to C$60.00 and set a ‘buy’ rating on the stock in a research report on Friday, May 20th.
Lightspeed Commerce (TSE:LSPD) Shares Down 7.6%
