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Fitbit Technicals Point To More Weakness

Fitbit logoBIDNESS ECT - Nov 25 - In its last quarterly results, Fitbit reported above-consensus revenues and EPS, and posted a strong 4QFY15 guidance. However, the stock saw a sell-off, after the company’s management announced that it intends to sell 21 million shares in a secondary offering.

by Martin Blanc
See full article at Bidness Ect.

See all posts on Fitbit

Nov 26, 2015 |

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