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INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Fitbit, Inc. Investors (FIT)
NASDAQ:AMEX Investor Relations: investor.fitbit.com/overview/default.aspx
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BENSALEM, Pa.--(BUSINESS WIRE)-- Law Offices of Howard G. Smith announces an investigation on behalf of Fitbit, Inc. (“Fitbit” or the “Company”) (NYSE: FIT) investors concerning the Company and its officers’ possible violations of federal securities laws. On January 30, 2017, Fitbit issued a press release announcing its preliminary fourth quarter 2016 financial results. In the press release, Fitbit disclosed that it expected fourth quarter of 2016 revenue to be in the range of $572 million to $580 million, rather than its previously announced guidance range of $725 million to $750 million. Fitbit also disclosed expected annual revenue growth of approximately 17%, rather than the previously-announced forecast of 25% to 26%. On this news, Fitbit’s share price fell $1.15 per share, or 16%, to close at $6.06 per share on January 30, 2017, thereby injuring investors. If you purchased Fitbit se
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NEWS
NEWS
- Fitbit Inc (NYSE: FIT) was downgraded by analysts at Zacks Investment Research from a "buy" rating to a "hold" rating.[MarketBeat]
- Fitbit Inc (NYSE: FIT) was upgraded by analysts at Zacks Investment Research from a "hold" rating to a "buy" rating. They now have a $7.50 price target on the stock.[MarketBeat]
- Fitbit Schedules Q4 and FY18 Financial Results for February 27, 2019[Business Wire]
- Fitbit Inc (NYSE: FIT) was downgraded by analysts at Zacks Investment Research from a "buy" rating to a "hold" rating.[MarketBeat]
- Fitbit Inc (NYSE: FIT) was upgraded by analysts at Zacks Investment Research from a "hold" rating to a "buy" rating. They now have a $7.00 price target on the stock.[MarketBeat]
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FIT
SEC Filings
SEC Filings
- 2/14/19 - Form SC
- 2/14/19 - Form SC
- 2/12/19 - Form 4
- FIT's page on the SEC website
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