Fitbit IPO
On Tuesday, June 16, Fitbit Inc. raised the target price of their initial public offering (IPO), indicating growing optimism over fitness tracking technology. The unconventional branch of hardware products is targeted towards a new breed of data-hungry consumers. Since 2007, the San Francisco-based company has sold 20.5 million…
Fitbit, a maker of fitness tracking devices, submitted a filing to the Securities and Exchange Commission (SEC) on June 2,2015. The filing was about the company’s initial public offering (IPO). (Source: Securities and Exchange Commission, June 2, 2015.) Fitbit currently offers six fitness tracking devices: “Fitbit Zip,” “Fitbit…
Fitbit Inc. recently submitted a filing to the Securities and Exchange Commission (SEC) about its initial public offering (IPO). (Source: Securities and Exchange Commission, June 2, 2015.) Who is Fitbit? Fitbit is a company that makes wearable products that track people’s fitness activity. Its products can measure the…
On Tuesday June 2, Fitbit Inc. submitted a regulatory filing to the Securities and Exchange Commission (SEC) about its initial public offering (IPO). (Source: Securities and Exchange Commission, June 2, 2015.) Fitbit is a company known for its wearable products that track people’s fitness activity. These fitness trackers…