The Big Problem for Fitbit It's been a tough year for Fitbit Inc (NYSE: FIT). Not only did the Fitbit stock price lose more than half its value in the last 12 months, but its main rival went belly up. While that may seem like a positive step (who doesn't want their competitor to go bankrupt?), investors are viewing it as an ominous sign for the wearables market. Are they right to worry? Maybe. Hardware companies like Fitbit haven't. The post How Fitbit Stock Can Earn Back Investor Confidence app...
The Big Problem for Fitbit It's been a tough year for Fitbit Inc (NYSE: FIT). Not only did the Fitbit stock price lose more than half its value in the last 12 months, but its main rival went belly up. While that may seem like a positive step (who doesn't want their competitor to go bankrupt?), investors are viewing it as an ominous sign for the wearables market. Are they right to worry? Maybe. Hardware companies like Fitbit haven't. The post How Fitbit Stock Can Earn Back Investor Confidence app...
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