James Park

Earlier this week, Fitbit Inc (NYSE: FIT) announced three new devices for consumers. The company is launching further into the health care space with its new offerings. What Happened: The Fitbit Sense highlights the new offerings. This new watch upgrades many offerings already included on Fitbit...

Fitbit Inc (NYSE: FIT) released its third-quarter earnings report after Wednesday's close. Adjusted earnings came in at a loss of 10 cents per share, falling in line with consensus estimates. Sales came in at $347.2 million, beating estimates by $1.94 million. "In Q3 we continued to make...

Fitbit Inc (NYSE: FIT) shares are plunging after posting a second-quarter earnings beat and lower guidance. Earnings came in at a loss of 14 cents per share, beating estimates by 4 cents. Sales came in at $313.6 million, beating estimates by $1.62 million. The company sees third-quarter adjusted...

Fitbit Inc (NYSE: FIT) shares soared Thursday, as the fitness tracking smartwatch maker capitalized on the news that it has struck a partnership with DexCom, Inc. (NASDAQ: DXCM). At the time of writing Thursday late afternoon, Fitbit shares were jumping 10.49 percent to $6.54, its highest...

To celebrate the launch of Fitbit Inc (NYSE: FIT)'s first ever smartwatch (as opposed to a fitness tracker), the company is partnering with the streaming music provider Pandora Media Inc (NYSE: P). As part of the new agreement, Pandora will serve as the exclusive music streaming provider for Fitbit...

Shares of Fitbit Inc (NYSE: FIT) plummeted Monday morning after the company confirmed earlier reports that it needs to slash its workforce amid a weaker-than-expected sales performance. Fitbit's stock was trading on Friday near its all-time lows as investors remain skeptical that the momentum for...

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...

Wedbush’s Nick McKay expressed concern regarding the current lower-than-expected demand for Fitbit Inc (NYSE: FIT) products, as well as limited visibility into the company’s long-term financial targets and product roadmap. Q3 Results McKay downgraded the rating on the company from...

Fitbit Inc (NYSE: FIT) reported its 2Q results slightly ahead of the consensus expectations, and Morgan Stanley’s Jerry Liu believes that the company is well positioned heading into the holiday season. Liu maintains an Overweight rating on the company, with a price target of $31. Well...

Neil Doshi of Mizuho Securities attended the TechCrunch Disrupt 2015 conference. Highlights include: Facebook Inc (NASDAQ: FB) "firing on many cylinders," Fitbit Inc (NYSE: FIT)'s CEO defended his business, Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Alphabet viewed...

Fitbit Inc (NYSE: FIT) had a hugely successful debut on the NYSE on Thursday, with shares opening up over 50 percent from the IPO price. However, the question investors are asking is if the company can sustain itself going forward, while it faces competition from the tech biggies. Jonathan...

Fitbit Inc (NYSE: FIT), one of the few wearables company that is profitable, priced its IPO at $20 a share on Thursday and its shares opened up with gains of 52 percent as it debuted on the New York Stock Exchange. Fitbit co-founder and CEO James Park was on CNBC to discuss the company...