Hot IPO Fitbit Hits High Before Q2 As Apple Cracks

By | August 3, 2015

Scalper1 News

Fitbit (FIT) stock looks to have hit its stride ahead of its quarterly earnings report after the close on Wednesday, with shares sprinting to a new high in the stock market today. The fitness-tracker maker is projected to grow earnings by 14% and sales by 180%. The Wednesday report will be the company’s first quarterly report since going public on June 18. The recent IPO jumped rose 4.9% to 49.95 in afternoon trading. Earlier, it jumped to 50.99, Scalper1 News

Scalper1 News