Fitbit (FIT) entered its Q2 2017 quarterly report with its stock performing at its lowest valuation since becoming a publicly traded company. With analysts largely moving to the sidelines earlier in 2017 and others lowering their rating and earnings’ forecasts, the stock price recently fell below $5 per share. But when Fitbit reported its Q2 results, they weren’t as bad…
Tags: FitBitFitbit Beat Q2 2017 Expectations With Channel Inventory Levels Improving
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