Scalper1 News
Fitbit (FIT) set a record as the largest tech IPO this year, raising $732 million with its initial public offering that priced late Wednesday, a sign of investor confidence in the wearables firm even amid growing competition from the Apple (AAPL) Watch and others. Fitbit, the leading maker of wearable health and fitness trackers priced 36.6 million shares, 2.1 million more than planned, at 20, above the upwardly revised range of 17 to 19. That Scalper1 News
Scalper1 News