Scalper1 News
Fitness tracker maker Fitbit (FIT) jumped nearly 5% on Tuesday after receiving a healthy report from investment bank Robert W. Baird & Co. Fitbit stock rose 4.9% to 42.15 on the stock market today, 23 cents shy of an all-time closing high. Fitbit shares hit their record high of 44.38 on Thursday. The San Francisco-based company made its IPO on June 18 at 20. Baird analyst William Power initiated coverage of Fitbit with an outperform rating and a price target of 52. Scalper1 News
Scalper1 News