Why Logitech Stock Was Soaring on Tuesday
Shares of Logitech International (NASDAQ: LOGI) were up 12% as of 12:13 p.m. ET on Tuesday after the company reported earnings results for the fiscal second quarter ending Sept. 30. The leading brand of gaming peripherals continued to suffer through a challenging economic backdrop. Logitech reported mixed results across product categories, with growth in video collaboration offset by big declines in sales of webcams and other accessories.