FIT News and Press, Fitbit Inc. Class A From 08/21/19

Landmark nationwide health initiative will be powered by Fitbit devices and its new Premium service designed to drive better health outcomes at scale Fitbit (NYSE: FIT), today announced that it will be collaborating with Singapore’s Health Promotion Board (HPB) on a healthy po...

Fitbit (NYSE: FIT ) +8.1% announces a deal with Singapore's government to supply fitness trackers through its Fitbit Inspire program, which launched earlier this year for employers and insurance plans. More news on: Fitbit, Inc., Tech stocks news, Stocks on the move, Read more ... ...

Fitbit stock tumbled last week and made an all-time low after reporting unsatisfactory financial results the previous week. For Fitbit Inc. (NYSE:FIT) investors, it has been an unforgettable 2019 with the stock having shed close to 30% of its value to date, which will be the fourth year i...

Apple (NASDAQ: AAPL ) shares are approaching the close up 4.4% after the U.S. postponed a tariff on some Chinese goods, including smartphones and laptops. But the tech giant's AirPods, Apple Watch, and HomePod will still fall under the original September 1 deadline for the 10% levy. ...

Shares of FitBit ( FIT ) have been dead money virtually since the IPO In 2015. Despite all the positive feeling investors have about the product and/or its health benefits, the company simply hasn’t delivered for investors. While the reasons for FIT’s struggles are numerous, ...

Last July, I wrote an article called " The 'Robinhood Index': Like FANG But Better " that showed the back-tested performance of the top 20 holdings in the increasingly popular investment brokerage Robinhood. Because the brokerage offers no commission trading, it attracts many Millennial and Ge...

Sometimes, the most upside exists in a stock when the market completely gives up on the company. Such a scenario is occurring with Fitbit ( FIT ) as the stock crashes to new lows near $3. The company provided weak guidance that doesn't alter the bullish investment thesis one bit. The compa...

Fitbit ( FIT ) reported earnings last week and reported revenue and EPS that beat and were in line with expectations. FIT reported revenue of $313.55 million, beating expectations by roughly $2 million and GAAP EPS of -$0.27, which was in line with the Street's expectations. However, the sto...

Aug. 2 will be exactly one year since I last covered wearables company Fitbit ( FIT ), at which time I stated it was just treading water . With the firm unable to grow its top line and losses leading to cash burn, I just didn't see how the name was able to compete in a very crowded space. O...

The company may very well beat expectations set by its conservative outlook delivered in 1Q19. But another disappointing guidance for the upcoming quarter would not catch me by surprise. This is a quote from my Fitbit ( FIT ) earnings preview that, consistent with recent results, turned ...