Fitbit CEO: M&A ‘Big Part’ Of 2016 Growth Strategy

By | January 8, 2016

Scalper1 News

LAS VEGAS — Fitbit (FIT) stock has lost over 20% of its value in the last three sessions as investors shunned the introduction of the wearable maker’s newest product, Blaze. IBD had a chance at CES to speak one-on-one with Fitbit CEO James Park about the company’s outlook. Park says there’s a disconnect between investors and retailers, who are “excited” about Blaze. But with the new smart fitness watch looking very similar to the Apple (AAPL) Scalper1 News

Scalper1 News