A Stifel analyst wasn’t so nice in their opinion of Fitbit this week which sent shares into the red. Analyst Jim Duffy of Stifel wrote in a note that was published on Friday that Fitbit has not innovated enough to keep consumers interested. According to Duffy, the company will be burning through cash in 2018 … Continue reading “Fitbit Shares Collapsed After This Downgrade”
Author: Sophia Vida
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