Fitbit recovers top line in Q3 as fight with Apple Watch intensifies

Wearables veteran Fitbit (FIT) on Wednesday posted slight improvement in revenue of $394 million from last year’s $392.5 million, just beating Street estimates. Shares reacted to the news positively, sending the stock more than 10% up as high as $5.29 in aftermarket trade from its closing price of $4.73. However, it saw a loss of … Continue reading Fitbit recovers top line in Q3 as fight with Apple Watch intensifies