These 2 Small Nasdaq Tech Stocks Punished Investors Wednesday
The prevailing mood lately on Wall Street has been positive. That has sent a lot of individual stocks higher over the past several weeks, particularly those with technology connections.
Unfortunately, even some innovative companies that work on technological solutions as part of their everyday businesses still have to suffer significant share-price declines from time to time. That's been the case for Logitech International (NASDAQ: LOGI) and MicroVision (NASDAQ: MVIS) on Wednesday afternoon, as both companies are dealing with challenges that could pose some tough questions for their leaders to answer in the near future. Here's more on what's happening with Logitech and MicroVision.
Shares of Logitech International fell 11% in mid-afternoon trading Wednesday. The maker of computer peripherals surprised its shareholders with unwelcome news. Now, the company will have to make a quick transition to return to its former glory.
Source Fool.com
MicroVision Inc Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the MicroVision Inc stock is not clear.
Based on the current price of 1.03 € the target price of 3 € shows a potential of 192.11% for MicroVision Inc which would more than double the current price.
