Fitbit plummets to all-time low after disappointing holiday results, layoffs – MarketWatch


MarketWatch
Shares of Fitbit Inc. plunged 17% to a record low Monday after the company cut its fourth-quarter guidance and announced plans to lay off more than 100 workers. Following “weaker-than-expected” holiday sales, Fitbit FIT, -16.99% said it expects an …
Fitbit Shares Plunge as Sales Miss Even Lowered ExpectationsMotley Fool
Fitbit to cut workforce by 6 percent as revenue disappointsSFGate
Fitbit cuts 6 percent of employees amid missed 2016 goalsCNET
MobiHealthNews -Fox Business -Barron’s (blog) -Newsmax
all 96 news articles …read more