FIT News and Press, Fitbit Inc. Class A From 02/21/20

The European Data Protection Board (EDPB), which was established by the European Union's General Data Protection Regulation (GDPR) and oversees the application of data protection rules, has issued a stern warning regarding Google's proposed acquisition of wearable tech specialist Fitbit ...

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 . While news of Morgan Stanley's (MS) $13B acquisition of E*Trade (ETFC) broke shortly after publishing on Thursday, the deal is sti...

Fitbit (NYSE: FIT ) -1.6% reports Q4 misses with revenue down 12% on the year. More news on: Fitbit, Inc., Tech stocks news, Earnings news and commentary, Stocks on the move, Read more ...

Fitbit (NYSE: FIT ): Q4 Non-GAAP EPS of -$0.12 misses by $0.15 ; GAAP EPS of -$0.46 misses by $0.42 . Revenue of $502.14M (-12.1% Y/Y) misses by $29.54M . Press Release More news on: Fitbit, Inc., Earnings news and commentary, Tech stocks news,

Fitbit Reports $502 Million Q4’19 Revenue and $1.43 Billion FY’19 Revenue Added 2 Million Active Users Increasing Total to 29.6 Million, Grew Devices Sold 15% Fitbit, Inc. (NYSE:FIT) today reported revenue of $502 million, GAAP net loss per share of $(0.46), ...

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 . The Shanghai Composite Index closed up 1.8% overnight as the PBOC lowered its benchmark lending rates, cutting its one-year loan...

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 ...

On November 1, 2019, Fitbit, Inc. (NYSE: FIT ), a provider of wearable fitness trackers for health and fitness enthusiasts, entered into an agreement to be acquired by Google LLC, a subsidiary of Alphabet Inc. (NASDAQ: GOOG ) for $7.35 per share in cash. Currently, the arbitrage spread is ...

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...

It has been over three months since Google's ( GOOG )( GOOGL ) buyout offer of $7.35 for Fitbit ( FIT ) was announced . Since that time, FIT has traded in a bounded range from $6.50 - $7 per share. Given that the buyout price is $7.35 per share, the market is definitely pricing in risk that t...