Two Reasons Fitbit’s 70% Plunge Is Not A Buying Opportunity

Activity tracker Fitbit has suffered a 70% plunge in its stock price since its IPO. And its January 30 report and forecast suggest tougher times ahead. Are its shares at this price a call on its ultimate acquisition by a big athletic apparel maker?

from Forbes – Tech http://ift.tt/2jRw5Zx
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