Fitbit Shares Rise; Oppenheimer Sees Potential in New Products

Shares of Fitbit are rising on upbeat comments from Oppenheimer, which has an outperform rating on the stock.
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Shares of Fitbit (FIT) - Get Report are rising on some upbeat comments from Oppenheimer, which repeated its outperform rating on the stock. Oppenheimer expects new upgraded Fitbit products launching in the fall will generate $500 million in sales