Logitech shares are trading lower after the company announced the departure of CFO Chuck Boynton and reaffirmed 2024 financial guidance.
Portfolio Pulse from Benzinga Newsdesk
Logitech's stock is trading lower following the announcement of CFO Chuck Boynton's departure and the reaffirmation of its 2024 financial guidance.

March 18, 2024 | 12:36 pm
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Logitech's shares are trading lower after the announcement of CFO Chuck Boynton's departure and the reaffirmation of its 2024 financial guidance.
The departure of a CFO can lead to uncertainty among investors regarding the company's financial health and future direction, often resulting in a negative short-term impact on the stock price. The reaffirmation of the 2024 financial guidance, while potentially stabilizing, may not be enough to offset the initial negative reaction.
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