PennyStocks101

FIT FINALLY DID IT & RUMOR ACTUALLY PLAYED OUT

NYSE:FIT   None
NYSE:FIT stock has been one they've followed since August. It's been a tough one to stomach because of the intermittent breakouts followed by long periods of sideways or consolidation trends. The rumors were initially exciting but then concerning because we didn't really know. But happy to see they actually played out.

QUOTE:
Fitbit stock has been one of the most popular penny stocks on Robinhood since we began including it as a monthly feature.

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It has also been covered in countless articles over the last few months as well. Even up until yesterday we were still asking if Fitbit is a penny stock to buy or sell. Regardless, the big news today focuses on the monster deal that Google inked with the active technology company.

ABOUT FITBIT
Fitbit Inc is a provider of health and fitness devices. The company's platform combines connected health and fitness devices with software and services. Its platform includes a family of wearable devices which include health and fitness trackers and smartwatches, enable the users to view data about their daily activity, exercise and sleep in real-time. The company software and services which include an online dashboard and mobile app, provide users with data analytics, motivational and social tools, and virtual coaching through customized fitness plans and interactive workouts.


QUOTE SOURCE: Penny Stocks To Watch: Fitbit (FIT); Readers Win Big

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