Form S-1 FITBIT INC
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The Upside to Investors of Fitbit (FIT) Pre-Lockup Secondary
November 4, 2015 9:08 AM ESTLeerink Partners analyst, Stephen Wardell, is bucking the trend and disagreeing with the widely held belief that the reason for the Fitbit (NYSE: FIT) secondary, due to take place before the lockup expiration, is mostly a way for insiders to sell shares Importantly, Leerink is not participating in the underwriting syndicate.
On December 15, FITs lockup is due to expire allowing an additional 165m shares available to trade... More
