Lightspeed Commerce stock (LSPD) took a dip on Thursday and today consecutively after the company’s 2021 second-quarter report showed a $59.1% million loss although the revenue has nearly tripled.
Despite the dip in the share price, investors still believe that the increase in revenue is a good gesture and the stock price will be up very soon.
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To help stock traders eying to invest in the Lightspeed commerce stock, Invezz has created a brief article on what it is and the best places to trade it.
To find out more, please continue reading.
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Lightspeed Commerce stock is the stock of Lightspeed Commerce and it trades on the Toronto Stock Exchange (TSE) under the symbol TSE: LSPD.
Lightspeed Commerce is a point-of-sale and e-commerce software provider based in Montreal, Quebec, Canada.
Besides Montreal, it also has other offices in Toronto, New York, Ottawa, Santa Cruz, and Amsterdam.
If you are looking to buy a stock that is has dipped to maximize profits, then LSPD is a good option.
Lightspeed Commerce stock (TSE: LSPD) is expected to move up since its revenue has increased despite registering a loss in the Q2 of this year.
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