Shares of Liquidity Services, Inc. (LQDT) are moving down about 9 percent during Thursday's trading following the announcement of second-quarter financial results, reporting earnings of $7.1 million or $0.22 a share compared to $5.7 million or $0.18 a share last year.
Currently, the company's shares are trading at $28.45, down 9.75 percent or $3.08, over the previous close of $31.53 on the Nasdaq. The stock has traded between $17.33 and $39.72 in the last one year.
Total revenue totaled $116.4 million compared to $91.5 million in the previous year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.