FIT News and Press, Fitbit Inc. Class A From 12/18/19

Those who are new to investing may not understand what penny stocks are. You will typically find penny stocks on over-the-counter markets. According to the SEC, the definition of a penny stock is any equity that trades below $5. You will soon learn that this pricing is justified in a few mom...

ATLANTA and TAMPA, Fla. , Dec. 17, 2019 /PRNewswire/ -- WellCare of Georgia , a WellCare Health Plans, Inc. company (NYSE: WCG), is partnering with Fitbit (NYSE: FIT) to deliver Fitbit devices to WellCare Medicaid members in Georgia who take positive steps to manage their diabet...

Merger activity decreased with four new deals announced and two deals closing. Deal Statistics: New Deals: The acquisition of Diplomat Pharmacy (DPLO) by OptumRx for $300 million or $4.00 per share in cash. The acquisition of Synthorx (THOR) by Sanofi (SNY) for $2.35 billio...

Wearable fitness tracking devices continue their strong run. According to figures from tech researcher IDC, the 34.2 million wrist-worn units shipped in the second quarter of 2019 was a 29% year-over-year surge, and the analysis expects global shipments to notch about a growth rate of about 8% a...

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 ...

This article is part of a series that provides an ongoing analysis of the changes made to Chase Coleman's Tiger Global Management 13F stock portfolio on a quarterly basis. It is based on Tiger Global's regulatory 13F Form filed on 11/14/2019. Please visit our Tracking Chase Coleman's Tiger ...

It's been a little over a month since Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google said it would buy Fitbit (NYSE: FIT) in a $2.1 billion deal. Regulators in the European Union have already expressed concerns about the acquisition, primarily regarding user data, as ...

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 . Writing a new chapter in IPO history, Aramco (ARMCO) shares rose 10% (the daily limit) to 35.2 riyals in Riyadh, raising the co...

Google's ( GOOG +0.2% )( GOOGL +0.2% ) $2.1B acquisition of Fitbit ( FIT +1.3% ) will face Department of Justice scrutiny due to data privacy concerns, according to New York Post sources . More news on: Alphabet Inc., Alphabet Inc., Fitbit, Inc., Tech stocks news Read m...

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 ...