February 26, 2018 Sophia Vida
Hot Stocks

Fitbit Plummets after Reporting Fourth Quarter Results

Shares of wearable device maker Fitbit saw its shares collapse on Monday after reporting fourth quarter results. The stock sank 13% in after-hours trading after reporting a loss for the fourth quarter. Fitbit reported a loss of 2 cents while analysts on Wall Street had been expecting the company to break even. Revenue at $571 … Continue reading “Fitbit Plummets after Reporting Fourth Quarter Results”