Logitech Jumps Most in Four Years as Forecasts Confirmed
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Logitech International SA rose the most in four years in Zurich trading after the world’s biggest maker of computer mice confirmed its forecasts following three profit warnings in the past seven months.
Logitech jumped 16 percent to 8.94 Swiss francs at the close in Zurich in the biggest gain since Oct. 18, 2007. That pared the stock’s decline this year to 50 percent.