Fitbit Gets Bounce From Bearish Apple Critics and Wall Street Ends at Records

It was a shaky day on Wall Street, but stocks did manage to end at a record for the second day in a row with just small gains. Indexes turned positive in the final moments of the day.
By Keris Alison Lahiff ,

It was a shaky day on Wall Street, but stocks did manage to end at a record for the second day in a row with just small gains. Indexes turned positive in the final moments of the day.

Fitbit Inc. (FIT) - Get Report received a bounce on analyst confidence its Ionic watch could beat out sales of Apple Inc.'s (AAPL) - Get Report new Apple Watch 3. Stifel analyst Jim Duffy sees a number of advantages for Ionic, including longer battery life, a cheaper price, and the ability to pair with non-iOS products.

iRobot Corp. (IRBT) - Get Report shares slumped after Spruce Point Capital hit it with a STRONG SELL rating. Analysts are concerned vacuum company SharkNinja's competing product could take market share from iRobot's Roomba.

Boeing Co. (BA) - Get Report plans to increase its production of 787 Dreamliner passenger jets to 14 a month in 2019. Boeing had previously put plans to raise production on hold to gauge demand. 

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