FIT News and Press, Fitbit Inc. Class A From 11/07/19

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Fitbit (NYSE: FIT ) is scheduled to announce Q3 earnings results on Wednesday, November 6th, after market close. The consensus EPS Estimate is -$0.10 (-350.0% Y/Y) and the consensus Revenue Estimate is $345.3M (-12.3% Y/Y). Over the last 2 years, FIT  has beaten EPS estimates 88%...

In this episode of Industry Focus: Tech , host Dylan Lewis and Fool.com contributor Evan Niu dive into Alphabet 's (NASDAQ: GOOGL) (NASDAQ: GOOG)  $2.1 billion acquisition of Fitbit  (NYSE: FIT) . What does Google get out of Fitbit that it couldn't make itself? What comes next...

This article explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited. We analyze the attractiveness and profitability of each spread going forward and indicate the trading position ...

On November 1, Fitbit ( FIT ) agreed to be acquired by Google ( GOOG ) (GOOGL) for $7.35 per share, or about $2.1 billion on a fully diluted basis. As many readers on Seeking Alpha already know, I have been a long-term bull on FIT for the past two years and have been accumulating a position ...

Alphabet (or Google) ( GOOG ) ( GOOGL ) is buying Fitbit ( FIT ). It is paying $7.35 per share of cash. A 20% premium to the close yesterday but the market already anticipated a sale on rumors that were floating around. Reviewing this deal, it doesn't appear to be one of my favorite deals. I e...

Shares of Fitbit (NYSE: FIT) were up 15.7% as of 3:30 p.m. EDT Friday after Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google finally agreed to acquire the wearable fitness device specialist. More specifically, Google will pay $7.35 per share in cash for Fitbit, marking a roughly 19% pr...

The Information sources say Facebook ( FB +0.4% ) held talks about acquiring Fitbit (NYSE: FIT ), but was only willing to offer about what Google ( GOOG +0.6% )( GOOGL +0.7% ) was willing to pay. More news on: Facebook, Inc., Fitbit, Inc., Alphabet Inc., Tech stocks news Read m...

Rumors broke on Monday that Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google had formally made an offer to acquire Fitbit (NYSE: FIT) , following reports from last month that the wearable tech company was looking to sell itself amid its ongoing efforts to compete with Appl...

NEW YORK, Nov. 01, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Fitbit, Inc. (NYSE: FIT) to Google LLC (“Google”) for $7.35 per share is fair to Fitbit shareholders. On behalf of Fitbit shareholders, Halper ...