This content was made for video and podcast format:
This morning Logitech (#LOGI) reported their fiscal Q3 results and blew out expectations! The computer peripheral company reported a revenue increase of 85% and their operating income tripled.
After #Logitech reported shares jumped up +3% in pre-market to $103.44 and quickly sold-off at market open. Now shares are trading at $96.88, down -4% today. Since January of 2020 Logitech stock is up 104%.
Has the stock ran up too much? Or should investors buy shares after the earnings beat?