Name: Logitech (LOGI) Tumbles After Lowering Guidance
Uploaded: 2023-01-12T22:46:16.145
Duration: 5 min 37 s

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Logitech (LOGI) stock falls after lowering its guidance. George Tsilis joins Alex Coffey and Jenny Horne to discuss this move in LOGI. He talks about how LOGI cut its FY23 revenue growth to down 13-15% from down 4-8%. He talks about how LOGI saw a ton of demand during the height of the pandemic which has now started to fade. He also notes that LOGI's CEO is "disappointed" in the 3Q preliminary results. Tune in to find out more about the stock market today.

Logitech (LOGI) Tumbles After Lowering Guidance

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.