Q: Legal Software Stocks Slide After Anthropic AI Release, this was today's headline. With legal services representing 35% of TRI's revenues, their largest segment....where do you think this stock will be repriced at? What price could be the bottom, an approximate guess?
Thank you
Thank you
5i Research Answer:
We have some additional comments posted. The stock is down 20%. Considering it had already reacted to AI worries, we might guess a floor in the $122 range.