What can you say about Fitbit’s (FIT) executive team other than “Wow”? After lowering FY16 guidance upon missing Q3 revenues, the situation continued to deteriorate for Fitbit as demand for its fitness trackers continued to fall.  In Q3 2016, Fitbit lowered revenue expectations from a growth rate of 38% to just 25% growth. But on January 30, 2016 Fitbit announced…

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