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”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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