Fitbit (FIT) IPO Opens Up 52%

Fitbit (FIT) Up 92.5% from IPO Pricing

Last week's IPO for Fitbit (NYSE: FIT) continues to power higher. After pricing at $20 and opening at $30.40, shares are now at $38.50. The stock is now up 92.5% from its pricing, 26.6% from its open and over 18% just today.

Fitbit is the eighth best-performing IPO so far this year, according to IPO Insider.

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

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) IPO Will be the Peak, Global Equities' Chowdhry Says

Contrary to an earlier positive opinion on upcoming IPO Fitbit (NYSE: FIT), Global Equities Research analyst Trip Chowdhry is... More

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

One day before its highly-anticipated IPO, Dougherty & Co analyst Charles Anderson initiated coverage on Fitbit (NYSE: FIT) with a Buy rating and a price target of $28. This is above the expected $17-$19 range the IPO is indicated to price, which was recently raised from $14-$16.

"Fitbit is perhaps the... More

Fitbit (FIT) Boosts IPO Size, Expected Price

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