FIT Stock Gains as $2.1 Billion Google Takeover is Confirmed
FIT stock has soared in the last week after rumors that Google’s parent company Alphabet Inc (NASDAQ:GOOGL) was considering a takeover of Fitbit Inc (NYSE:FIT) became a reality. Google to Pay 67% Premium on FIT ... [Read]
FIT Stock Soars as Google Owner Alphabet Makes Bid
FIT stock is up 24% on Monday after it emerged that Google’s parent company Alphabet Inc (NASDAQ:GOOGL) has made an offer to buy Fitbit Inc (NYSE:FIT). Google Entering the Wearables Market The internet giant is ... [Read]
Fitbit Stock Continues to Hit New Low: What Should You Expect Now?
Fitbit stock tumbled last week and made an all-time low after reporting unsatisfactory financial results the previous week. For Fitbit Inc. (NYSE:FIT) investors, it has been an unforgettable 2019 with the stock having shed close ... [Read]
Fitbit Stock Tumbles to New Low on Poor Guidance
Fitbit stock is having the worst day in the past three years after Fitbit Inc (NYSE:FIT) trimmed its third-quarter and full-year earnings forecast. Major Setback The maker of wearable devices, Fitbit, has been fluctuating for ... [Read]
FIT Stock Drops 24HRS After Beating Q1 Expectations
On Wednesday, May 1, the Fitbit Q1 earnings were released, which topped both revenue and earnings expectations. Twenty-four laters later, however, FIT stock is down just over 5%. Perhaps this is a one-off or because ... [Read]