Fitness tracking device maker Fitbit has significantly increased the size of its proposed IPO, which is expected to price this Thursday night. The San Francisco-based company now says that it plans to offer 34.5 million shares at between $17 and $19
On Wednesday night, the company said it had priced its initial public offering at $20 a share, exceeding its prior estimates. Earlier this week, it said it would likely sell its shares in the $17 to $19 range. That was step up from Fitbit's initial
to be worth $19 billion by 2018. With the Fitbit (NYSE: FIT) IPO date just three days away, here's everything you need to know about the deal – including whether or not you should buy Fitbit stock when it begins trading…
Fitbit, the fitness-tracking bracelet darling of the IoT space that pioneered a niche as a low priced “quantifiable self” device, made its debut this morning on the New York Stock Exchange. With a $20 IPO price, up from the
Wearable company Fitbit began trading on the New York Stock Exchange this morning, signaling the device maker had completed it move to go public. According to Forbes, the IPO raised $732 million for the company that's