Scalper1 News
Living up to the reported pandemonium, Fitbit (FIT) on Tuesday raised the price of its initial public offering 38% above its previous range. The company now plans to raise $621 million, at the midpoint of the new price’s range, up from $448.5 million. That would make it the fifth-largest IPO on U.S. markets this year, out of 78 thus far. Fitbit, the leading maker of wearable health and fitness tracking devices, plans to offer 35.5 million shares Scalper1 News
Scalper1 News