Start United States USA — Financial LegalZoom jumps 31 percent in debut, valued at $7 billion

LegalZoom jumps 31 percent in debut, valued at $7 billion

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Shares of LegalZoom opened 31 percent above their offer price on Wednesday, valuing the online legal services company at $7 billion in its Nasdaq debut in …
Shares of LegalZoom opened 31 percent above their offer price on Wednesday, valuing the online legal services company at $7 billion in its Nasdaq debut in what was its second attempt at a stock market listing. The stock opened at $36.75 per share, up from the initial public offering price of $28 per share. LegalZoom, which says its mission is to “democratize” law, was founded in 2001 and offers a range of services including estate planning, divorce, name change and residential leases.

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