LegalZoom Survived A ChatGPT Scare, So What’s Next? (NASDAQ:LZ)

In the week ahead of Q1 earnings, LegalZoom (NASDAQ:LZ) stock mysteriously plunged. I could not find company-specific news to explain the sudden and sharp selling. Sympathy selling looked like the probable suspect. Panic selling cascaded from online learning platform Chegg, Inc. (CHGG) earnings where the company acknowledged taking a hit from generative AI. Suddenly, any company that processes language as a part of its core business model looked vulnerable. The accompanying panic selling in LZ made the stock even more attractive than my case for buying LZ ahead of earnings…