Fitbit is going to have a rough holiday season as the company shared a disappointing outlook for the next quarter on yesterday’s earnings call. As a result, Fitbit shares (NYSE:FIT) opened at $9.03, down 29.5 percent compared to yesterday’s closing price of $12.81. So what happened exactly? Fitbit’s earning report yesterday wasn’t great, but it wasn’t too bad either. Read More
via Techcrunch
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