FIT News and Press, Fitbit Inc. Class A From 01/21/20

Source: Wired Fitbit ( FIT ) is an ecosystem of fitness apps packed in a watch. However, its recent underperformance highlights its weak pricing power and declining brand advantage in the fitness tracker/smartwatch space. Given the proliferation of new competitors and the presence of b...

What good poker players and good decision-makers have in common is their comfort with the world being an uncertain and unpredictable place. They understand that they can almost never know exactly how something will turn out. They embrace that uncertainty and, instead of focusing on being sure...

Many Fitbit (NYSE: FIT) products in recent years have included a relative SpO2 sensor that can measure blood oxygen levels. That information can be useful in diagnosing certain conditions like sleep apnea, a disorder that affects over 20 million Americans. However, that hardware ...

Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google agreed to buy wearables maker Fitbit (NYSE: FIT) for $2.1 billion last November. It initially seemed like a win-win deal: Google would strengthen its wearables presence to counter Apple (NASDAQ: AAPL) , and Fitbit would be salvaged af...

With plenty of scrutiny already building ahead of its acquisition by Alphabet subsidiary Google, Fitbit (NYSE: FIT) is now finding itself under an entirely different regulatory microscope. The U.S. International Trade Commission announced recently that it is opening an investigation i...

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 ...

The U.S. International Trade Commission says it will investigate wearable monitoring devices made by Fitbit (NYSE: FIT ) and Garmin (NASDAQ: GRMN ) following allegations of patent violations by rival Philips (NYSE: PHG ). More news on: Fitbit, Inc., Garmin Ltd., Koninklijke Philips N.V.,...

While technology giant Alphabet ( GOOG ) ( GOOGL ) hit a new 52-week high on Monday after an analyst upgrade , the stock has not been one of the best performers in the market over the past year. As the chart below shows, investors have seen nice gains, but the stock has not even beaten the NA...

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 . What happens in Vegas stays in Vegas, except at CES... hopefully. Exhibitors are optimistic the technology displayed at the world...

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 ...