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In a ruling Wednesday, a federal judge said the company didn't steal trade secrets from Jawbone, a competitor.
Stocks fall further into the red as a greater build to inventories accelerate losses in crude oil.
Stock futures remain close to the flatline on Wednesday as investors await a critical speech from Federal Reserve Chair Janet Yellen at the end of the week.
Pfizer buys antibiotics business from AstraZeneca; Tesla unveils Model S version that can go 300 miles on a single charge; U.S. stock futures rise slightly.
Fitbit, Inc. (NYSE:FIT) today announced that the International Trade Commission ("ITC" or "the Commission") issued an initial determination in favor of Fitbit in ITC Investigation No.
Analysts at Longbow see the potential for Fitbit (FIT) to sell as many as 109 million devices in foreign countries.
Earnings season is far from over, Cramer says, and the Fed chief gives a major speech Friday.
Uncertainty over the Fed's rate-hike plans led to jittery trading on Monday.
The tech powerhouse has conceded to purchasing a medical data company earlier this year. Does this point the way to more health-focused products?
The company has beat on earnings and revenue yet shares are distinctly unfit.
FIT shares have more than halved since its high above $50 last year, even as the company has ticked off five straight quarters of top- and bottom-line beats.
The wearable-device niche is getting crowded, and Fitbit's gadgets must contend with fierce competition from technology behemoths such as Apple.
Reports of new Fitbit (FKT) products led analysts at Citigroup to say that new wearables from the company are 'evolutionary rather than revolutionary.'
Fitbit (NYSE: FIT), the leader in the connected health and fitness market, today announced a two-year partnership with New York Road Runners designed to provide runners of all levels with relevant data, inspiration...
The volatility in stock prices during earnings season can be daunting, posing a greater risk as investors decide the timing of their trades.
Most tech companies have reported positive earnings surprises so far.
Here are Friday's top research calls, including downgrades for FireEye and Teva Pharmaceuticals, and upgrades for Kraft Heinz and U.S. Steel.
Deutsche Bank upped its price target to $29 on Fitbit (FIT) stock this morning.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: ETSY, FORM, IDCC, OCLR, PLT, RDCM, STKL, SWFT, TRMB Downgrades: CCJ, FOX, HFC, HOS, OFIX, PAYC, TPC, WEYS Initiations: FIT, MJCO Read on to get TheStreet Quant Ratings' detailed report:
This market is like a leaky helium balloon; watch out for sudden downdrafts.
Cramer has seen enough in this earnings season to come to some conclusions on what's working and what isn't.
Here's a look at major tech stories in the news.
The Dow Jones Industrial Average snapped a seven-day losing streak. But only by a hair.
Here's a technical look at how to trade some of the most active stocks on the market right now.
Stocks build upon slight gains by mid-afternoon Wednesday as a crude rally energizes oil stocks.
Jim Cramer says Fitbit's CEO James Park has finally gotten in sync with Wall Street in terms of guiding earnings estimates.
Stocks inch higher on Wednesday morning after choppy early trading in which traders seemed unable to determine a direction after a days-long losing streak.