LogMeIn +3.7% AH after Point72 discloses stake

|By:, SA News Editor

Steven Cohen's Point72 Asset Management (known as S.A.C. Capital before SEC-related issues brought about a name change) has disclosed a 5.2% stake in LogMeIn (LOGM). (13G)

The disclosure arrives two days after shares sold off on a bearish Off Wall Street report.