Market Overview

Fitbit Higher After New Product Release


Fitbit Inc (NYSE: FIT) shares are trading higher by 38 cents at $6.12 in Monday's session. The catalyst for the rally is the unveiling of Fitbit Aria2 TM W-Fi Smart Scale, which is engineered for easy set-up with smartphone's Bluetooth connection that can help you better understand the composition of your physical makeup.

After a flat open, it immediately found support just above Friday's close ($5.73) at $5.74 and began to move higher. So far, the ensuing rally has taken shares to $6.17. That high is just shy of its May 10 high ($6.25). That is the same day, the issue posted it last close over $6.00 when it ended that session at $6.13.

Posted-In: News Technicals Sports Intraday Update Movers Tech Trading Ideas General


Related Articles (FIT)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Bananas, Eggs, Salmon And Kale Among The Many Items Now Cheaper At Whole Foods

A New ETF Is Adding Leverage To The Bond Market