UPDATE: Fitbit (FIT), Garmin (GRMN) Tick Lower as Apple Shows New Watch, Nike (NKE) Partnership

September 7, 2016 1:39 PM EDT

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(Updated - September 7, 2016 1:53 PM EDT)

(Updated - September 7, 2016 1:47 PM EDT)

Fitbit (NYSE: FIT) and Garmin (Nasdaq: GRMN) ticked lower after Apple (Nasdaq: AAPL) introduced its new smartwatch. The new Apple Watch has improved performance, is swim-proof, and includes GPS.


Shares traded at session lows after Apple and Nike (NYSE: NKE) unveiled a special watch targeting runners, Apple Watch Nike +.

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