Monday, January 11, 2016

Fitbit stock continues to plummet as company moves closer to smartwatch industry

Fitbit announced its first product of 2016 at CES earlier this week, a smartwatch-lite tracker, but the stock market is not happy. In less than a week, Fitbit lost 10% of its value, as investors worry about the firm's value as it enters the smartwatch market.

The post Fitbit stock continues to plummet as company moves closer to smartwatch industry appeared first on Digital Trends.



from Digital Trends http://ift.tt/1ZgLlwc

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