Fitbit (FIT) Pullback Creates Compelling Entry - Mizuho
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Pacific Crest Cuts Fitbit (FIT) to 'Underperform'; Charge 2 Off to Slow Start, Says Analyst
September 29, 2016 6:44 AM EDTPacific Crest downgraded Fitbit (NYSE: FIT) from Sector Weight to Underperform. Analyst Brad Erickson said checks indicate that Charge 2, Fitbit's flagship holiday product, is off to a slow start, and he sees downside to $11.
"Checks indicate Charge 2, Fitbit's flagship holiday product, is off to a slow... More