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FIT News and Press, Fitbit Inc. Class A From 07/14/20

Stock Information

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

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FIT - Google offers concessions in EU Fitbit review

A week after reports that Google's ( GOOG , GOOGL ) acquisition of Fitbit (NYSE: FIT ) was facing an EU probe, the tech giant offers to not use Fitbit health data for targeting ads. More news on: Alphabet Inc., Alphabet Inc., Fitbit, Inc., Tech stocks news Read more ...

FIT - Merger Arbitrage Mondays - Sunrun Acquires Vivint Solar

Merger activity increased last week with two new deals announced and one deal closing. After receiving necessary approvals, Caesars Entertainment Corporation (CZR) and Standard Diversified (SDI) are on track to closing their deals in the near future. For a brief moment of time, on March 18, ...

FIT - Fitbit: Antitrust Review Update

Google's ( GOOG )( GOOGL ) $2.1 billion acquisition of Fitbit ( FIT ) has been pending since both parties struck an agreement back on November 1, 2019 . Given that FIT shareholders have already approved the deal, the last major impediment is to receive the proper regulatory approvals. The De...

FIT - Google Might Need to Make Sacrifices to Close Fitbit Deal

There's a lot of skepticism surrounding Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google's pending acquisition of Fitbit (NYSE: FIT) , a controversial deal that was announced last November. Consumer advocacy groups and data regulators in Europe are among many entities that ...

FIT - Report: Alphabet Must Offer Concessions for Fitbit Acquisition to Win EU Approval

The European Union (EU) expects concessions before its regulator allows Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) unit Google to acquire Fitbit (NYSE: FIT) .  According to a report from Reuters citing "people familiar with the matter," the U.S. tech giant will have to give up somet...

FIT - Google's Fitbit acquisition facing EU antitrust probe - Reuters

Reuters sources say EU antitrust investigators will open a full-scale investigation into Google's ( GOOG -0.1% )( GOOGL -0.1% ) $2.1B acquisition of Fitbit ( FIT +5.7% ) unless Alphabet offers concessions to address competition concerns. More news on: Alphabet Inc., Al...

FIT - What You Need to Know About Fitbit

Fitbit (NYSE: FIT) is a household name in the fitness market thanks to its simple but effective exercise-activity trackers. With a roster of products including smart watches and wristband activity trackers, Fitbit's offerings record health metrics including heart rate, distance travelled, an...

FIT - 'Robinhood Index 2020': This Time It's Different!

( Pexels ) Every summer over the past three years, I have covered what I call the "Robinhood Index", which is a basket of the top twenty stocks owned by investors on the popular brokerage Robinhood. The broker is very popular among newer and younger investors, with the average user being 27...

FIT - Lululemon Steps in the Home Gym Market

In this episode of Industry Focus: Wildcard , Dylan Lewis chats with Motley Fool contributor Dan Kline about the acquisition of Mirror by Lululemon (NASDAQ: LULU) . The guys give a breakdown of both their businesses and how the acquisition affects both companies. They discuss the competiti...

FIT - 7 Top Stocks Under $7 to Buy in July

We're heading into the seventh month of the year, so let's roll with that traditionally lucky number. Let's explore seven low-priced investments that all happen to trade for $7 or less.  Naturally there are plenty of risks when one dabbles in stocks with single-digit price tags, but that's...

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