Don't sweat it: FitBit goes public and stock takes off like an excited runner

Want some stock in FitBit? Don't sweat it. FitBit, the maker of fitness-tracking wearables, became a public company on Thursday, as stock in the market leader of the wearable fitness shot up more than 50% to $31.05 in its first morning of trading. The company's IPO priced at $20 per share, which was already well above the initial range of between $14 and $16 per share. At that price, the company is worth $4.1 billion See also: The enormous Fitbit Surge is a runner's best friend FitBIt's initial ...