Scalper1 News
Fitbit set terms for its initial public offering that could raise up to $358 million by offering 22.38 million shares at a price range of 14 to 16. An additional 7.5 million shares will be sold by existing Fitbit shareholders, of which the company won’t receive any of the proceeds. San Francisco-based Fitbit makes wearable health and fitness tracking devices that track users’ daily steps, calories burned, distance traveled and floors climbed, Scalper1 News
Scalper1 News