Fitbit Stock

FIT Stock: Coinciding Levels of Resistance Fitbit Inc (NYSE:FIT) stock made some buzz last week on the news that it started a partnership agreement with DexCom, Inc. (NASDAQ:DXCM) that would give diabetes patients the ability to track their glucose levels using a Fitbit device. This news sent FIT stock surging…

Fitbit Stock News Everyone loves a redemption story. Humans have always been drawn to the idea of a fall from grace and then a rise back to fortune, like a phoenix from the ashes. In the stock market, redemption stories are even more important, as they are often…

The Big Problem for Fitbit It’s been a tough year for Fitbit Inc (NYSE: FIT). Not only did the Fitbit stock price lose more than half its value in the last 12 months, but its main rival went belly up. While that may seem like a positive step…

FIT Stock Plunge Shows That Wearables Are Risky Investment Fitbit Inc (NYSE:FIT) stock crashed by almost 16% Monday following its dismal preliminary results for Q4 FY16, together with FY17 guidance that spooked investors. The following four key triggers explain what went wrong and what can be expected from…

Fitbit Stock Focusing on Growth in 2017 Fitbit Inc (NYSE:FIT) stock has been trying to make a comeback over the last few trading sessions after a disappointing performance in 2016. FIT stock had suffered in the last holiday shopping season, on account of its production issues. The company was in…

This Is What Fit Stock Needed to Start 2017 Fitbit Inc (NYSE:FIT) stock surged 8.5% on Tuesday, as there was some good news after a disappointing end to the year 2016. The maker of fitness trackers announced on Tuesday its expanded partnership with UnitedHealthcare (part of UnitedHealth Group Inc…

FitBit Jawbone Patent Issues Weigh on FIT Stock FitBit Inc (NYSE:FIT) abandoned its patent case against arch-nemesis Jawbone, losing a key battle but perhaps winning the war for the fitness tracking market. The two companies have been at loggerheads for years, a fact which kept Fitbit stock (FIT stock)…

FIT Stock Problems Still Persist Fitbit Inc (NYSE:FIT) stock took a beating as the company provided soft guidance for the holiday season in the third-quarter earnings announced in early November. Fit stock has lost a little over 75% this year, which is an indication of lots of troubles…

Is FIT Stock in Trouble?  Fitbit Inc (NYSE:FIT) weathers another blow as Deutsche Bank AG (NYSE:DB) analysts downgrade FIT stock and cut their price target in half, from $18.00 down to $9.00 per share. FIT stock, despite the news, remained relatively unchanged on Thursday, only falling about three quarters of…

Fitbit Stock Has Many Challenges Ahead Fitbit Inc (NYSE:FIT) stock has lost more than 70% in the last year, as the wearables maker struggles with its product issues and lower demand amid increasing competition. However, reports have come in that could buoy FIT stock in the short term.…

FIT Stock: Bearish Headwinds Prevail I was neutral on Fitbit Inc (NYSE:FIT) stock because of the potential for a bottoming price pattern to develop.  I had outlined in a previous article that a potential double bottom was in play, but that the price needed to close above a certain…

What's Forcing Fitbit Stock Down?  Fitbit Inc (NYSE:FIT) stock took a dramatic fall on Wednesday during after-hours trading when the company failed to meet analysts’ estimates, tumbling 30%. Fitbit leads in the market for wearable devices, according to IDC Research, Inc. Fitbit is known for calorie and heart-rate monitoring bracelets that measure…

Fitbit Inc (NYSE:FIT) is the leader in the connected and fitness market, and is scheduled to release its third-quarter financial results on October 31. Will FIT stock be able to maintain its record of delivering earnings and revenue that beat the consensus estimates of Wall Street analysts? Over…

This Means Fitbit Stock is Going to Soar At a time when oil prices, the Bank of Japan, and the U.S. Fed are going to strongly affect the stock markets, Fitbit Inc (NYSE: FIT) is one stock that will trade on the back of its strong fundamentals. There are many surprises…

FIT Stock: Potential Bottom Fitbit Inc (NYSE:FIT) stock represents a company that makes a device that gets people moving by tracking their footsteps in one convenient piece of jewelry. This technology has not translated into profits for shareholders because, after a brief pop following the initial public offering (IPO),…

Is This a Problem for Fitbit Stock? Fitbit Inc (NYSE:FIT) debuted as a public company a bit more than a year ago. So far, Fitbit stock has not been a stellar performer. It was priced at $20.00 and its opening trade the next day was $30.40. It traded…

Don’t Trust Analysts on FIT Stock Fitbit Inc (NYSE:FIT) has not enjoyed a happy-go-lucky year so far. Fitbit stock lost almost 50% of its value since the beginning of 2016. Nevertheless, Fitbit stock has started to rebound. Last February, Fitbit was at its lowest point, but it soon…

Analysts Raise FIT Stock Estimates It’s been a tough year for Fitbit Inc (NASDAQ:FIT) stock, having shed nearly 50% since the start of the year. That actually sounds decent considering that FIT stock was down about 60% for the year when it hit an all-time low in late…

Fitbit Inc (NYSE:FIT) stock is down almost 50% since the start of the year, but it might be about to take off. When Fitbit unveiled its first-ever smartwatch, the “Fitbit Blaze,” at the Consumer Electronics Show back in January, investors were underwhelmed with its lack of standout features.…

Fitbit Inc (NASDAQ:FIT) stock is one of the worst performers of the year, falling 56% before taking a breather and rebounding about eight percent over the last week. So what is sending Fitbit stock crashing? It’s definitely not earnings. Fitbit has reported earnings three times since its initial…