Why Logitech Stock Slipped by Almost 3% Today

Some investors were surely hoping for a more generous shareholder payout. Investors weren't exactly neutral on Switzerland-based tech equipment specialist Logitech International (LOGI -2.67%) on Wednesday. Looking at the voting results of the company's annual general meeting (AGM), a clutch of them sold out of the stock, putting it at a 2.7% loss on the day. The decline eclipsed that of the S&P 500 index, which decreased by 0.2% on the day. Downbeat about the dividend declaration Wednesday morning, Logitech ...