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Fitbit posted a weaker-than-expected quarter and its shares are crashing


Phones

Fitbit posted a weaker-than-expected quarter and its shares are crashing

Fitbit, which has increasingly had to fend off competition from devices like the Apple Watch and is increasingly making moves in the healthcare space, still hasn’t seemed to nail things down quite yet as it posted weaker-than-expected financial results for its fourth quarter.
The quarter was more or less a complete whiff, falling short of Wall Street estimates for earnings, revenue… Read More

Fitbit, which has increasingly had to fend off competition from devices like the Apple Watch and is increasingly making moves in the healthcare space, still hasn’t seemed to nail things down quite yet as it posted weaker-than-expected financial results for its fourth quarter. The quarter was more or less a complete whiff, falling short of Wall Street estimates for earnings, revenue… Read MoreRead more

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