FIT News and Press, Fitbit Inc. Class A From 12/10/19

The market for wearable technology is seeing growth accelerate, thanks in large part to Apple  expanding its portfolio with a slew of new products. Market researcher IDC has released its estimates for the wearables market in the third quarter, and they show that global unit volumes ...

Introduction Through Week 49, the Premium Portfolio has gained +27.75%, beating the S&P 500 benchmark, while actively trading in 14 fewer weeks according to the Momentum Gauge timing signals. These returns represent better than 3 times the return of the Barclay Hedge Fund Index average r...

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 or...

Buyouts Can Be Big For Penny Stocks But Not In The Way You May Think Penny stocks hold a lot of potential especially if the company is an acquisition target. You always hear the stories of how someone who found a cheap penny stock to buy that ultimately was bought out for much more than in...

This article was  first published by MyWallSt .  MyWallSt makes it easy for you to pick winning stocks. Get a free trial today. It's the best investment you'll ever make. Lately, it seems that much investor focus has shifted toward software-as-a-service (SaaS) industries such as cl...

Apple (NASDAQ: AAPL) investors are in store for a fun holiday season. Citigroup (NYSE: C) says blockbuster sales of the tech titan's AirPods and Apple Watch products are likely to fuel higher-than-expected revenue and earnings during the holiday quarter. In turn, the investment bank rei...

Merger activity remained unchanged with three new deals announced and one deal closing. Deal Statistics: New Deals: The acquisition of TD Ameritrade Holding Corporation (AMTD) by The Charles Schwab Corporation (SCHW) for $26 billion in an all-stock deal. Under the terms of the ag...

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 or...

CNBC sources say Facebook ( FB -0.2% ) was the mysterious Party A bidding against Google for Fitbit ( FIT +1.4% ). More news on: Facebook, Inc., Fitbit, Inc., Tech stocks news Read more ...

It's been four weeks since Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) put a ring on it, announcing plans to buy  Fitbit (NYSE: FIT)  in a $2.1 billion deal . The transaction would cash out investors in the wearables pioneer at $7.35 a share. The stock nearly traded that high on t...