Fitbit (FIT) IPO Will be the Peak, Global Equities' Chowdhry Says

Go back to Fitbit (FIT) IPO Will be the Peak, Global Equities' Chowdhry Says

Fitbit (FIT) IPO Opens Up 52%

June 18, 2015 10:09 AM EDT

Today's IPO for Fitbit (NYSE: FIT) opened for trading at $30.40 after pricing 36,575,000 shares of its Class A common stock at a price to the public of $20 per share, above the expected $17-$19 range which was recently raised.

Fitbit is offering 22,387,500 shares and certain selling stockholders are offering 14,187,500 shares. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 5,486,250 shares of Class A common... More

Fitbit (FIT) IPO Indicated $28-$31 after Pricing at $20

June 18, 2015 9:58 AM EDT

Today's IPO for Fitbit (NYSE: FIT) is indicated to open between $28-$31 after pricing at $20 per share

... More

Fitbit (FIT) Prices 36.58M Common Stock IPO at $20/Share, Above Expected Range

June 18, 2015 6:07 AM EDT

Fitbit, Inc. (NYSE: FIT) announced the pricing of its initial public offering of 36,575,000 shares of its Class A common stock at a price to the public of $20.00 per share. Fitbit is offering 22,387,500 shares and certain selling stockholders are offering 14,187,500 shares. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 5,486,250 shares of Class A common stock. The shares are expected to begin trading on the New York Stock Exchange today under... More