Logitech shares seen sliding as investors take profits after Q2 outperformance
28/10/2026 07:54
BUZZ-Logitech shares seen sliding as investors take profits after Q2 outperformance ** Shares in Logitech LOGN.S fall 3% in pre-market indications after the computer mouse and keyboard maker on Tuesday after market close reported a better-than-expected profit for Q2
** Kepler Cheuvreux analyst Torsten Sauter told Reuters the move is due to profit taking
** "Q2 beat expectations and constitutes a strong outperformance compared to a soft PC market," Kepler said in its morning note on Wednesday
** The brokerage noted Logitech's market share gains and pointed out that the group could have delivered stronger sales had supply constraints not held it back
** Up to Tuesday's close, Logitech shares were up 12% YTD
(Reporting by Paolo Laudani in Gdansk)
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