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

Alphabet   (NASDAQ: GOOG) (NASDAQ: GOOGL)  subsidiary Google recently announced plans to acquire Fitbit (NYSE: FIT) for $2.1 billion. The takeover would make Google the fourth-largest wrist-worn wearables maker in the world, but it still faces a tough uphill battle against ...

The investing community hasn't exactly been kind to Peloton Interactive (NASDAQ: PTON) since its IPO on Sept. 26 . Shares are now trading at more than 20% below their initial offering price, perhaps a surprising situation considering the company reported 110% revenue growth in its 2019 fisc...

In addition to estimates on the tablet market , market researcher Strategy Analytics also recently released figures for the smartwatch market in the third quarter. Unsurprisingly, Apple  led the way with Apple Watch, which has long been the best-selling smartwatch in the world. Apple...

Google has agreed to acquire Fitbit (NYSE: FIT) for $2.1 billion in cash. The move will give the Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary a foothold in the wearables market, an area it's been trying to develop for several years now by licensing Wear OS, a smartwatch operating...

In this episode of Motley Fool Money , host Chris Hill and analysts Andy Cross, Ron Gross, and Jason Moser discuss some of the biggest recent market news. Fitbit 's (NYSE: FIT) struggle in the public markets may finally end following a buyout bid from Alphabet (NASDAQ: GOOGL) (NASDAQ:...

Fitbit (NYSE: FIT) reported third-quarter earnings this week, which saw revenue decline and net losses widen substantially. Due to the pending acquisition by Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google, the market barely flinched. Those losses will soon be Google's...

Steak-centric restaurant chain Texas Roadhouse   (NASDAQ: TXRH) had been in the doldrums for most of 2019, but the stock spiked 20% following its recent third-quarter report. Turns out, its loyal customers like the food, and it has a business model that can be fine-tuned with good managem...

Apple 's (NASDAQ: AAPL) main growth engine used to be its signature iPhone. Much of the tech world -- as well as consumers worldwide -- held their collective breath as the company announced the latest iPhone and its ever increasing slate of features. However, excitement over new iPhones ha...

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG)  is a powerhouse in the tech world, but even the strongest companies can have an off period. As announced this week, it missed its earnings forecast for the third quarter, and while it generally hit its guidance on other metrics, the market took ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . U.S. stock index futures turned sharply higher overnight, climbing 0.6% , as China's Ministry of Commerce said the the world's tw...