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bar1080

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bar1080

Re: None

Sunday, 09/10/2017 10:50:42 AM

Sunday, September 10, 2017 10:50:42 AM

Post# of 1606
"Fitbit Investors Are Getting Too Excited About This Announcement"

"The move is a smart one for Fitbit, which is continually focused on making its products the best they can be for the health of users. The problem, though, is that investors made the news out to be a little too big, and pushed Fitbit's share price up about 11% after the news. If the DexCom partnership were an exclusive deal between Fitbit and the glucose-monitor company, then that stock-price surge would have been warranted. But Fitbit investors need to realize that the Apple (NASDAQ:AAPL) Watch -- the Ionic's key competitor -- has had the same feature for more than a year."

https://www.fool.com/investing/2017/09/09/fitbit-investors-are-getting-too-excited-about-thi.aspx

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