Fitbit (FIT) Up 92.5% from IPO Pricing

Last week's IPO for Fitbit (NYSE: FIT) continues to power higher. After pricing at $20 and opening at $30.40, shares are now at $38.50. The stock is now up 92.5% from its pricing, 26.6% from its open and over 18% just today.

Fitbit is the eighth best-performing IPO so far this year, according to IPO Insider.

You May Also Be Interested In

• IMC Rare Earths opens at $5.18, above IPO price of $5
• SK Hynix is due to report as fears surround AI spending spree
• Spacex Sinks 20% Below IPO Price Erasing $1.2t From Peak Value - Bloomberg