Fitbit Looks Healthy, though Its Value May Be as M&A Fodder

June 20, 2015 - storage organizer

San Francisco start-up Fitbit, a eight-year-old builder of bracelets that lane your stairs and count your calories, sealed adult scarcely 50% on Thursday, a initial day trade as a open company, during $29.68.

Things get most worse from here for a business, and a shares will expected follow a standard initial open charity settlement of subpar gains in a 12 months following their debut. The batch finished a week during $32.50.

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