Fitbit Inc. (NYSE:FIT) stock closed its trading session at $6.47 up meagre 0.31%. Here is latest news from the company. Those who are looking to upscale their fitness level or even step out in style can think about Fitbit Inc. (NYSE:FIT). The company’s products, considered some of the best have multiple […]
Tag: Fitbit Inc (NYSE:FIT)
Fitbit Inc (NYSE:FIT) Collaborates With NIH To Advance Medical Research
Wearable fitness device manufacturer Fitbit Inc (NYSE:FIT) and the National Institute of Health have collaborated on a project aimed at advancing medical research. Fitbit and NIH’s initiative dubbed Fitbit Bring-Your-Own-Device will be part of the All of Us Research Program. The project is part of the All of Us Research […]
Fitbit Inc. (NYSE:FIT) Finally Launches New Products In India As The Stock Gains
Back in July 2018, Fitbit Inc. (NYSE:FIT) revealed that it would launch the charge family of products in India come October. Notably, the firm delayed due to some difficulties launching its payment platform in the country. Finally, the launch date arrived as January will see enthusiasts get their hands on […]
Regulatory Clearance Holding Back Fitbit Inc (NYSE:FIT)’s Fitbit Pay from Launching in India
Through its Indian General Manager, Alon Shankar, Fitbit Inc (NYSE:FIT) has announced that it is awaiting regulatory clearance from the Reserve Bank of India before rolling out Fitbit Pay in the country. Fitbit launched the NFC-based payment earlier this year supported by its Fitbit Ionic and Versa Smartwatches. Fitbit Pay […]
Fitbit Inc (NYSE:FIT) Augments Smartwatch With Fitbit OS 3.0 To Compete Against Apple’s Offering
Fitbit Inc (NYSE:FIT) is making notable steps towards clinching the top spot in the lucrative global wearables market. The company has announced that it is updating its popular brands with the Fitbit OS 3.0. The brands slated for the update include the Fitbit Ionic, Fitbit Ionic: Adidas edition and Fitbit […]
Fitbit Inc (NYSE:FIT) Versa’s Software Update Expected To Give Users New Experience
Following the software update on Fitbit Ionic watch to Fitbit Versa, users especially skiers, skateboarders, and snowboarders are expected to be treated to a new experience since they can now track all their activities. With the market for high tech devices such as smartwatches gradually growing companies are upgrading their […]
Fitbit Inc (NYSE:FIT) Shades Market Cap Amidst Tough Competition
When Fitbit Inc (NYSE:FIT) reported its third quarter Financial statements, the company’s shares ramped up 26% to a near record-breaking $6.10. On the heels of cutting throat competition in the wearables market, the company managed to surpass revenue from the previous quarter only to shade its market share. The aftermath […]
Why Fitbit Inc (NYSE:FIT) is an Underdog
Fitbit Inc (NYSE:FIT) falls into a class of stock that we, as a rule, don’t really like. Let’s say it another way: that bar is way, way, way higher for stocks like FIT or GPRO, which are really fighting a losing battle as a growth stock with no moat producing […]
The Week Ahead for the Tech Sector
This week represents another major week for earnings in the tech sector – and likely another very volatile week for the Nasdaq. Last week, we got Q3 data from GOOGL, AMZN, AMD, MSFT, INTC, XLNX, FSLR, TSLA, TXN, and host of other key names. The themes that emerged were really […]