LogMeIn Guidance Eyed A Year After Reverse-Merger, New Jive Deal

Web conferencing provider LogMeIn (LOGM) rallied Wednesday as investors anticipated a positive earnings report for the company's December quarter, which is due late Thursday.

X LogMeIn's fourth-quarter profit is expected to grow 89% to $1.16 a share, with revenue rising 215% to $278 million.

Shares in LogMeIn were up 2.4% to 129 on the stock market today. The stock has gained 13% in 2018. LogMeIn has formed a cup-with-handle chart pattern and is trading just above a buy point of 128.45.

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