Business software maker Netsuite(N Quote) reversed some of its losses from the past two days with a gain of 8.7%. The stock made its market debut on Dec. 20 with 6.2 million shares priced at $26, and Netsuite has raised $185.4 million from its IPO. Shares were up $3.21 to $40.20.
Logitech(LOGI Quote) added 3.5% a day after the company said it will sell its digital writing business to U.K.-based Destiny Wireless for an undisclosed amount.
Logitech will manufacture the digital pen for Destiny until the company takes over manufacturing on its own. The digital pen and paper products are not central to Logitech's strategic direction, the company said. Logitech was up $1.26 to $37.07. ...
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