Fitbit Inc (NYSE:FIT) - Analysts: If You Want To Get Fit, Don't Buy Fitbit Stock

Benzinga

•

August 1st, 2019

DESCRIPTION

Fitbit Inc FIT 21.55% reported second-quarter results highlighted by a poor performance of the Versa Lite. Management also lowered full-year guidance and provided a disappointing outlook to the third quarter. The stock plummeted more than 20% Thursday morning, hitting an all-time low of $3.27 per share. Read more: https://bit.ly/336YbXE

Benzinga

Benzinga delivers fast, actionable financial news and market insights to help investors stay ahead of the curve. From breaking market headlines and earnings coverage to expert analysis on stocks, options, futures, crypto, and macro trends, Benzinga connects audiences with the information that moves markets. Our video content features real-time market commentary, educational segments, and exclusive interviews with industry leaders—designed for active traders, long-term investors, and anyone looking to better understand the financial landscape.