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SarasotaRepub
06-19-2015, 11:57 PM
FitBit
Symbol FIT

Just went public 2 days ago.. (http://www.marketwatch.com/story/fitbit-keeps-climbing-on-second-day-of-trading-2015-06-19)


Shares of Fitbit Inc. FIT, +9.50% (http://www.marketwatch.com/investing/stock/fit?mod=MW_story_quote) which soared more than 50% on its debut Thursday, jumped 11% on Friday. The maker of wearable fitness-tracking devices priced its initial public offering at $20 a share to raise $732 million, giving it a valuation of about $4.1 billion. Fitbit stock surged $3.31 to $32.99 as of midmorning.

Worth a short term play...

SarasotaRepub
06-22-2015, 11:59 AM
Up nearly 7 as of right now!!!! Big day.

RobJohnson
06-23-2015, 04:34 AM
Up nearly 7 as of right now!!!! Big day.

Excellent.

SarasotaRepub
08-06-2015, 05:07 PM
FitBit closed at 51.64 yesterday, released killer numbers, and dropped 7 points today!!! :biggrin-new:

Questions about the sustainability of its momentum and profit margins in an increasingly competitive field.