ABM Capital

What happens when you attempt to manipulate a stock and earn a $3,000 profit? Two years in prison.  What Happened Fitbit Inc (NYSE: FIT) stock spiked higher Nov. 10, 2016 amid reports the maker of fitness tracking products received a takeover offer. A SEC filing release showed that a...

The recent comments from Fitbit Inc (NYSE: FIT) CEO James Park on its earnings call indicated that the wearable device maker is weighing M&A as part of its future plans. M&A Chatter “We expect additional penetration and expansion to occur both via organic development and through M...

Fitbit Inc (NYSE: FIT) spiked more than 4 percent Thursday morning before being halted on a circuit breaker for five minutes. Apparently, a firm called ABM Capital submitted a letter to Fitbit's board to acquire all shares at a price of $12.50 per share. The letter was disclosed in an SEC...