May
link
fedilink
81Y

It barely went down then gone basically back up… this is like those articles who say “people are FURIOUS about blah blah” and then it’s only one tweet with no likes or retweets someone saying “i kinda dislike blah blah”

deleted by creator

Froyn
link
fedilink
41Y

Imagine the stock gains if the controller is recovered intact.

ffmike
link
fedilink
441Y

I’ve seen this “sub affects logitech stock” story a few times now, and I don’t find it very credible. If you look at the 1-month or longer price of the stock, it’s pretty evident that (a) a 5% intraday variation in price is totally normal and (b) the recent news that has actually hurt the stock price substantially is that their CEO resigned.

I’m skeptical that Amazon review trolls are buying enough stock to move the market.

Ronno
link
fedilink
41Y

If such a thing can drop its price, be sure that it would be a great buying opportunity

dudeami0
link
fedilink
81Y

Click bait titles stitching together memes and selling it as reality at it again.

Yewb
link
fedilink
41Y

That’s dumb the controller almost certainly had nothing to do with the implosion.

It would be like blaming the lettuce because your burger was undercooked it has nothing to do with structural integrity.

The whole premise of the article is dumb too as the stock only fluctuated by a few percent and was nearly back where it started at the end of the day which is pretty normal with stock prices.

P03 Locke
link
fedilink
English
131Y

marking a nearly 5 percent total drop

Otherwise known as statistical noise in the stock market.

By Friday afternoon, it had regained most of its lost value and closed out the week at $55.80 per share.

So, why is this news?

Create a post

Breaking news from around the world.

News that is American but has an international facet may also be posted here.


Guidelines for submissions:
  • Where possible, post the original source of information.
    • If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
  • Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
  • Do not post ragebait or shock stories. These will be removed.
  • Do not post tabloid or blogspam stories. These will be removed.
  • Social media should be a source of last resort.

These guidelines will be enforced on a know-it-when-I-see-it basis.


For US News, see the US News community.


This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

  • 1 user online
  • 26 users / day
  • 64 users / week
  • 168 users / month
  • 663 users / 6 months
  • 1 subscriber
  • 2.74K Posts
  • 15K Comments
  • Modlog