Fitbit stock falls below IPO price post-CES

By | January 11, 2016

Scalper1 News

Shares of wearable fitness device maker Fitbit (FIT) dropped to their lowest level ever on Monday, following a rough week at the Consumer Electronics Show in Las Vegas. Fitbit stock was down nearly 12%, near 18, in afternoon trading on the stock market today. The San Francisco-based company went public last June at 20. Monday marked the first time that Fitbit had fallen below its IPO price. Fitbit stock crumbled last week at the annual CES trade Scalper1 News

Scalper1 News