Shares of LivePerson Inc. were suffering a record one-day selloff Thursday, heading toward a seven-year low, after the provider of natural-language chat services reported a surprise fourth-quarter loss as Medicare pulled payments and executives chose to pay out bonuses in cash instead of company stock.
The company reported late Wednesday net losses that narrowed to $41.7 million, or 55 cents a share, from $49.9 million, or 70 cents a share, in the same period a year ago. Excluding nonrecurring items, FactSet said the company’s…
