LogMeIn Inc. (NASDAQ:LOGM) has a history as a public company since its 2009 IPO and has emerged as a leading software-as-a-service "SaaS" firm. The stock has been under pressure over the past year down more than 50% from its all-time high set in early 2018 based on slowing growth and narrowing margins. LogMeIn has made a number of acquisitions in recent years leading to a larger operational profile, although implementing a streamlined and consistent strategy has been difficult with management this year announcing a global internal restructuring. Sentiment on the stock has been