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Fitbit filed for an initial public offering Thursday, showing stellar revenue growth and profit for the maker of wearable health and fitness tracking devices. The company’s wearables track users’ daily steps, calories burned, distance traveled and floors climbed. The wristband displays real-time feedback to encourage users to become more active in their daily lives. Fitbit reported revenue of $745.4 million in 2014, up 175% from the prior year. It Scalper1 News
Scalper1 News