LZ Technology (NASDAQ:LZMH) Shares Gap Up – Should You Buy?

LZ Technology Holdings Ltd (NASDAQ:LZMHGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $13.01, but opened at $13.74. LZ Technology shares last traded at $9.98, with a volume of 97,063 shares traded.

LZ Technology Stock Down 26.8 %

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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