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Logitech shares seen sliding as investors take profits after Q2 outperformance

By Reuters News07:54 (UTC), 28 October 2026 Updated

** 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

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