LegalZoom Shares Plummet 19.3% Amid AI Disruption Worries
ByAinvest
Tuesday, Feb 3, 2026 7:24 pm ET1min read
LZ--
LegalZoom shares fell 19.3% after AI firm Anthropic released an automation tool for lawyers, sparking worries about AI disruption in the software industry. The stock closed at $7.33, down 19.7% from the previous close. Despite volatility, the market's reaction suggests concerns about AI's impact on LegalZoom's business. The stock is down 23.6% year-to-date and 34.4% below its 52-week high.
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