LogMeIn Share Prices Advance 20%, Overdone According to Analyst
March 27, 2013 at 09:29 AM EDT
Richard Baldry, an analyst for Wunderlich, believes shares of LogMeIn (NASDAQ: LOGM ) are over-extended with a 20% pop yesterday, March 26th. Shares rallied hard on news that the company won a patent suit against 01 Communique (NASDAQ: ONE ). However, Baldry was quick to note that, "few patent verdicts