Top 5 Losers on Tuesday

4. Logitech International S.A. (NASDAQ:LOGI) has declined 2.56% as of 11:49 AM ET after the computer peripherals’ manufacturer reported a 20% decline in sales. Logitech International S.A. (NASDAQ:LOGI) shared that the current year’s sales pale in comparison to the pandemic-fueled surge in 2021. Logitech International S.A. (NASDAQ:LOGI) was downgraded from a b rating to a c+ rating at TheStreet.

At the end of Q4 2021, 11 hedge funds reported owning a stake in Logitech International S.A. (NASDAQ:LOGI), down from 20 in the preceding quarter.