LZ Technology (NASDAQ:LZMH) Stock Price Up 13.8% – Here’s Why

LZ Technology Holdings Ltd (NASDAQ:LZMHGet Free Report)’s stock price rose 13.8% during trading on Monday . The stock traded as high as $10.97 and last traded at $10.50. Approximately 181,167 shares were traded during trading, a decline of 70% from the average daily volume of 595,683 shares. The stock had previously closed at $9.23.

LZ Technology Trading Up 7.5 %

About LZ Technology

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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.

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