Google, Fossil Gain on Android Watch Announcement
Google will be working with consumer electronics manufacturers, chip makers and fashion brands and is committed to “fostering an ecosystem of watches.”
Other companies involved in Android watches are Samsung, Motorola, HTC, LG and Asus.
Fossil shares popped to a high of $117.74 and are now resting at $115.75, up 2.59 percent on the day. Shares of Google are up one percent to $1,204.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.