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Why Logitech Stock Is Dropping 10% This Week


Shares of Logitech International (NASDAQ: LOGI) are dropping significantly this week despite a rising stock market. They were down roughly 10% this week as of Thursday at 3 p.m. EDT, compared to a 1.3% increase in the broader market, according to data provided by S&P Global Market Intelligence.

Wall Street wasn't happy with a few details in the consumer-tech specialist's fiscal first-quarter earnings report.

Image source: Getty Images.

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Source Fool.com

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