Fitbit (FIT) Bestowed Pre-IPO 'Buy' Rating

Go back to Fitbit (FIT) Bestowed Pre-IPO 'Buy' Rating

Fitbit (FIT) IPO Opens Up 52%

June 18, 2015 10:09 AM UTC

Today's IPO for Fitbit (NYSE: FIT) opened for trading at $30.40 after pricing 36,575,000 shares of its Class A common stock at a price to the public of $20 per share, above the expected $17-$19 range which was recently raised.

Fitbit is offering 22,387,500 shares and certain selling stockholders are offering 14,187,500 shares. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 5,486,250 shares of Class A common... More

Fitbit (FIT) IPO Indicated $28-$31 after Pricing at $20

June 18, 2015 9:58 AM UTC

Today's IPO for Fitbit (NYSE: FIT) is indicated to open between $28-$31 after pricing at $20 per share

... More

Fitbit (FIT) Prices 36.58M Common Stock IPO at $20/Share, Above Expected Range

June 18, 2015 6:07 AM UTC

Fitbit, Inc. (NYSE: FIT) announced the pricing of its initial public offering of 36,575,000 shares of its Class A common stock at a price to the public of $20.00 per share. Fitbit is offering 22,387,500 shares and certain selling stockholders are offering 14,187,500 shares. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 5,486,250 shares of Class A common stock. The shares are expected to begin trading on the New York Stock Exchange today under... More

Fitbit (FIT) Boosts IPO Size, Expected Price

June 16, 2015 6:21 AM UTC

Fitbit, Inc. (NYSE: FIT) filed an amended registration with the U.S. SEC for an IPO of its Common Stock. The company plans to sell 34.5 million units and sees an IPO price of $17 - $19 per share, from a previously expected amount of 29.85 million shares and pricing range of $14 to... More

Jawbone Sues Fitbit (FIT) Over Alleged Patent Infringement

June 15, 2015 11:56 AM UTC

Fitbit (NYSE: FIT) offered the following updates with its amended S-1 filing on Monday:

Update to Risk Factors

The following updates and supplements the discussion in the Preliminary Prospectus under the caption Risk FactorsRisks Related to Our BusinessOur failure or inability to protect our intellectual property rights, or claims by others that we are infringing upon or unlawfully using their intellectual property could diminish the value of our brand and weaken our... More

Fitbit (FIT) Sees IPO Price of $14 - $16/Share

June 15, 2015 6:19 AM UTC

(Updated - June 15, 2015 6:24 AM EDT)

Fitbit, Inc. (NYSE: FIT) filed an amended registration with the U.S. SEC for an IPO of its Common Stock. The company plans to sell 29.85 million units and sees an IPO price of $14 to $16 per share. The company plans to list... More