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FIT News and Press, Fitbit Inc. Class A From 08/31/20

Stock Information

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

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FIT - Fitbit: Investment And Antitrust Update

As I wrote a few weeks ago , it appeared that there was a significant chance that Google (GOOG) (GOOGL) would be able to avoid a full-scale investigation from EU's antitrust investigation by offering enough concessions to appease regulator's concerns. Google offered certain concessions, but i...

FIT - Alphabet Is Acquiring Fitbit: Expected Annualized Return Of 17.07%

I moved away a bit from researching a lot of M&A deals because I expected that this market would be dead because of COVID-19 and its effects on the economy and credit markets. I expected the probability of deals breaking was about to increase immensely. However, a few months and a few tril...

FIT - Amazon Launches Halo to Take On Apple Watch and Fitbit

Amazon (NASDAQ: AMZN) introduced a new wristband and fitness tracker dubbed Amazon Halo, which will take on industry leader Fitbit (NYSE: FIT)  as well as the Apple (NASDAQ: AAPL) Watch.  The Amazon Halo has a number of advanced features designed to help users improve their...

FIT - Amazon announces Halo fitness wearable; Fitbit shares dip

Fitbit (NYSE: FIT ) dips 1% pre-market after Amazon (NASDAQ: AMZN )   announces a competing fitness wearable. More news on: Fitbit, Inc., Amazon.com, Inc., Tech stocks news, Stocks on the move, Read more ...

FIT - Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q2 2020 Update

This article is part of a series that provides an ongoing analysis of the changes made to Prem Watsa’s 13F portfolio on a quarterly basis. It is based on Watsa’s regulatory 13F Form filed on 08/14/2020. Please visit our Tracking Prem Watsa’s Fairfax Financial Holdings P...

FIT - Fitbit Takes Another Direct Shot at Apple Watch

Fitbit 's (NYSE: FIT) most popular smartwatch to date has been the Versa, thanks in large part to a relatively affordable price tag. The Ionic, which flopped a few years back, had been more expensive in comparison. The wearable gadget maker has just unveiled its lineup heading into the holida...

FIT - Fitbit gains as CEO sees acquisition closing in 2020

Fitbit ( FIT +1.0% )  shares gain after CEO James Park tells CNBC he expects the acquisition by Google to close this year. More news on: Fitbit, Inc., Tech stocks news, Stocks on the move, Read more ...

FIT - Fitbit unveils premium smartwatch with stress tracking

The new $329 Fitbit Sense ( FIT +0.5% ) includes an electrodermal activity sensor, making it the first smartwatch that can measure how well skin conducts electricity and can indicate stress levels. More news on: Fitbit, Inc., Tech stocks news, Read more ...

FIT - Fitbit Debuts Sense, Its Most Advanced Health Smartwatch; World's First With EDA Sensor for Stress Management,1 Plus ECG App,2 SpO2 and Skin Temperature Sensors

Fitbit also launches Versa 3, adding GPS and a speaker; brings enhanced design and Active Zone Minutes (AZM) to Inspire 2 New Health Metrics dashboard for Premium lets users track heart rate variability, breathing rate, skin temperature variation and more 3 Fitbit (NYSE:FIT) to...

FIT - Apple Has Gobbled Up Half of the Smartwatch Market This Year

Apple (NASDAQ: AAPL) has been dominating the wearables market in recent years, thanks in large part to the popularity of Apple Watch. Strong demand for AirPods also helps, as the company is likewise the leader in hearables . The smartwatch market has been able to grow so far this year despi...

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