Why Logitech Is Down Today
Logitech(LOGI) The Motley Fool·2024-10-23 01:17
It took surprisingly little to rattle investors, leading one to wonder if this steep sell-off was going to materialize no matter what.Shares of Logitech International (LOGI -9.02%) should be up today. The company's fiscal Q2 sales and earnings -- reported Monday -- both topped expectations. The maker of computer peripherals even raised its full-year revenue guidance. That improved sales outlook, however, just wasn't improved enough to please investors and the stock is down 9.5% around 1:10 p.m. ET.NitpickyF ...