Logitech records low sales and drop in stock
Logitech’s stock dropped after the mouse and keyboard manufacturer missed earnings estimates for the most recent quarter and reduced its sales forecast. When compared to the third quarter of the previous fiscal year, the company’s net sales are down between 22% and 23% in US dollars and 17% to 18% in constant currency. Preliminary third-quarter […]
Uber CEO visits Ukraine
Dara Khosrowshahi, CEO of Uber, arrived in Ukraine to meet with company employees and drivers, as well as government and relief agency partners. Since the conflict between Ukraine and Russia, Uber expanded its services from nine cities to eighteen, while employing 25,000 drivers in Ukraine. In December 2022, Uber issued an official statement stating that […]
