LogMeIn Inc. (LOGM) spiked sharply to the upside late Tuesday afternoon, before trading was halted for news. The company announced that it was found not guilty of patent infringement charges brought against it by 01 Communique Laboratory.
LogMeIn ended Tuesday's session with a gain of 3.48 at $21.26. The stock is now down 1.03 on 393K shares after the bell.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.