Stock dropped 10% following Anthropic's legal plugin announcement; facing existential threat to legal research business.

The company's stock was 'completely hammered' due to the threat from new AI tools that could disrupt its core business in the legal services sector, as part of a broader 'SaaSpocalypse'.

Fell nearly 16% as the launch of new "agentic" AI plugins triggered a broad sell-off in the software sector.

The stock fell 20% on AI disruption fears. Analysts are divided: Morningstar sees it as 'massively oversold' given strong financials (7% revenue growth), while Morgan Stanley slashed its price target, creating a high-risk 'value trap' scenario.

The stock 'got murdered' due to fears that new powerful AI models could disrupt its core business by replicating its complex financial analysis services.

Down 20% amid a major downturn in the SaaS sector, with investors questioning the long-term durability of its business model in the face of powerful AI agents.

The acquisition of Kstext shows that the company is actively acquiring specialized AI startups to integrate advanced technology into its core business, which is a sign of a forward-thinking management team.