Google Has Made an Offer to Acquire FitBit

Google's parent company, Alphabet, has made an offer to acquire Fitbit, which made Fitbit's stock rise over 18 percent before it was halted earlier today. The wearable tech company's stock resumed and ended at 30.5 percent for the day, calculating over $330 million USD to its market cap for an overall $1.5 billion USD.Although the details of the offer are scarce, the deal would bring Google's Alphabet company into the wearable fitness tracking space full-force, competing against Apple's Apple Wa...