Fitbit Stock

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…

It’s been a brutal year for Fitbit Inc (NASDAQ:FIT) stock, as shares have sunk nearly 56% since the start of the year. FIT stock is clearly out of favor with investors, but Fitbit’s market for its wearable products is still growing. That means there might be a chance…

This Could Change FIT Stock’s Fate Fitbit Inc (NYSE:FIT) stock has been struggling to find a bottom after management delivered soft guidance for the next quarter. But this good news might shift investor sentiments surrounding FIT stock. Recall that FIT stock’s southward journey began soon after it showcased…

Shares of Fitbit Inc (NASDAQ:FIT) are taking a beating lately. After an impressive sprint out of the gate following its initial public offering (IPO) last July, FIT stock has nosedived. In the last week alone, Fitbit stock has plummeted about 25% after lower-than-expected guidance for the first quarter…

Report Good News for FIT Stock Despite the strong earnings report this weak, Fitbit Inc (NYSE:FIT) stock has tanked to discouraging levels. One downgrade after the other has battered FIT stock on the back of a conservative future outlook. But these downgrades may be a little too far-fetched.…

Fitbit Inc (NYSE:FIT) stock is having a sell-off, even after it beat Wall Street’s expectations in both revenue and earnings. Like many companies in the hardware business, sentiment has been bearish since last summer. Does Fitbit stock still have a chance? The answer is yes. But before we…

What to Expect from FIT Stock Fitbit Inc (NYSE:FIT) reports after the bell today and holders of FIT stock are already having a nervous breakdown. Analyst downgrades and price cuts have hammered the stock, but some bullish signals are being overlooked. Fitbit is being labeled a “fad” and…

Should You Be Bullish on FIT Stock? Fitbit Inc (NYSE:FIT) is the only company that’s truly synonymous with wearable technology. Rivals are trying to horn in on the market, but they have found it tough to compete. Nonetheless, FIT stock remains undervalued. Let’s take a closer look at…

Holders of FIT Stock Will Find This Reassuring After GoPro’s disappointing performance, eyes are now set toward the biggest unicorn IPO in 2015—Fitbit Inc (NYSE:FIT). Here’s one chart that could change your outlook on FIT stock in 2016. Gartner has released a new report on wearable technology gadgets…

FIT Stock Could Rebound Once the Dust Settles It was all fine and dandy for Fitbit, Inc. (NYSE:FIT) until last week, when the world started falling apart for FIT stock. That’s when the company took a major misstep that landed Fitbit stock in hot waters. The mega event…

Why FIT Stock Has Tons of Upside Despite its disastrous performance in 2015, Fitbit, Inc. (NYSE:FIT) could rebound this year. There are several tailwinds for FIT stock, most notably new products and increased spending in the U.S. economy. Fitbit stock could be vastly underpriced. Recently, the company unveiled…

Strong Sales Could Boost FIT Stock You might think that Fitbit, Inc. (NYSE:FIT) stock has lost most of its hype and is going to stay low. Sure, Fitbit’s stock price plunged quite a bit, but one thing is turning analysts into FIT stock bulls—the holiday season. Brad Erikson,…

Here’s Why the Bears Are Wrong on FIT Stock Fitness tracking wearables leader Fitbit Inc. (NYSE:FIT) may have hit a rough patch that’ll last through the end of this year, but a recent string of good news makes me optimistic about Fitbit stock in 2016. Let’s begin by…

Fitbit Inc. Is Still a Market Leader Wearable tech company Fitbit Inc. (NYSE:FIT) went public earlier this year with its stock price surging as much as 50% on its initial public offering (IPO). The upward momentum continued until early August, but then, with the U.S. stock market crash,…

Does Fitbit Stock Have Further Upside? When Fitbit, Inc. (NYSE:FIT) first debuted on the stock market earlier this year, many were skeptical if this unicorn IPO would hold up to its valuation. FIT stock had a handsome rally after its initial public offering (IPO), only to tank last…

Brace Yourself! FIT Stock Is Coming Back with a Bang Leading fitness wearables company Fitbit, Inc. (NYSE:FIT) has been getting hammered ever since its initial public offering (IPO) five months ago. In the last month alone, FIT stock has tanked more than 30%. But a string of positive…

Fitbit, Inc. Still King of Fitness Trackers Despite the disappointing performance from Fitbit, Inc. (NYSE:FIT), FIT stock is looking promising ahead of the holiday season. According to a recent survey of 4,500 U.S. consumers in the first week of November, 24.5% of respondents indicated that they plan to…

Is It Time to Be Bullish on Fitbit Stock? Fitness tracking wearables manufacturer Fitbit, Inc. (NASDAQ:FIT) has seen the biggest post-initial public offering (IPO) decline since its debut in June this year. All the negative commentary on FIT stock has been heavily weighing down its performance. Two news…

Forget the Bears; Fitbit Stock Due for Rebound Fitbit, Inc. (NYSE:FIT) has taken quite a beating as of late, with the FIT stock price dropping by 30% since its high of $40.80 on November 2, 2015. While the Fitbit stock price appears to have stabilized since its 12%…