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FIT News and Press, Fitbit Inc. Class A From 01/06/20

Stock Information

Company Name: Fitbit Inc. Class A
Stock Symbol: FIT
Market: NYSE
Website: fitbit.com

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FIT - Fitbit holders approve Google buyout

Fitbit (NYSE: FIT ) says via filing that its shareholders have approved its acquisition by Google ( GOOG , GOOGL ). More news on: Fitbit, Inc., Alphabet Inc., Alphabet Inc., Tech stocks news, Merger & acquisition news Read more ...

FIT - Merger Arbitrage Mondays - A SPAC Finds A Home

Merger activity decreased with one new deal announced, eight deals closing, and one deal falling apart. Deal Statistics: New Deals: We did not have any traditional mergers or acquisitions announced last week, and the only deal inked was the merger of a special purpose acquisition com...

FIT - M&A In 2020

Mergers and acquisitions 2019 was the fourth biggest year on record for global M&A, with activity particularly strong in the US. Big deals were particularly common in pharmaceuticals. Bristol-Myers’ ( BMY ) consummated acquisition of Celgene resulted in a contingent value right ...

FIT - Looking Far And Wide For Value In 2020

2019 finishes with an extra kick for investors. Part of that is the continued strong run of the market, erasing memories of last year's near bear market and extending the decade-long bull. There also are plenty of market headlines and events that have sprung over the end of the year, from Ph...

FIT - Spotlight On Coca-Cola, Nio And U.S. Auto (Stocks To Watch Podcast)

Our weekend preview of upcoming IPOs, earnings reports, conference presentations, investor days, IPO lockup expirations, FDA decisions, Barron's mentions and other key events that could impact stocks, and our single stock focus. If you are interested in listening to Stocks To Watc...

FIT - Stocks To Watch: Spotlight On Coca-Cola, Nio And U.S. Auto

Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha , Apple ...

FIT - Merger Arbitrage Mondays - M&A Kicks Into High Gear With 9 New Deals Announced

Merger activity increased, with nine new deals announced and six deals closing. Deal Statistics New Deals The acquisition of LogMeIn (LOGM) by Francisco Partners for $4.3 billion or $86.05 per share in cash. We added LOGM as a potential deal to the Deals in the Works section on Dece...

FIT - Tech Is Just Getting Started Going Into 2020

2019 finishes with an extra kick for investors. Part of that is the continued strong run of the market, erasing memories of last year's near bear market and extending the decade-long bull. There also are plenty of market headlines and events that have sprung over the end of the year, from Ph...

FIT - Will Regulators Derail Google's $2.1 Billion Takeover of Fitbit?

In early November, Alphabe t's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google announced that it would buy  Fitbit (NYSE: FIT) for $2.1 billion -- a steep discount compared to the wearable maker's $4 billion valuation after its IPO in mid-2015. But the takeover wasn't surprising. Google...

FIT - Do Penny Stocks Ever Pay Off? The Answer May Surprise You

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...

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