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FIT - Fitbit Isn't Being Destroyed By The Apple Watch
Fitbit Inc. Class A
Since the launch of the Apple (AAPL) Watch 4 series, Fitbit (FIT) has headed south. The market is incredibly worried that the fitness tracking leader can't compete in a market involving Apple. My previous research highlighted why Fitbit can compete with Apple and the recent results of new product releases are very supportive of that thesis.
Image Source: Fitbit.com
Crushed
The Apple Watch 4 series was announced on September 12 when Fitbit was trading closer to $6. In less than a month, the stock was down to the lows prior to