And the crowd ROARS!
Or maybe everyone slept in this morning? ;)
But that's a nice move.
BUZZ-Fitbit: Jumps on surprise Q3 profit
6:16 AM ET, 11/01/2018 - Reuters
** Wearable device maker's shares rise 8.7 pct to $5.14 premarket on surprise Q3 profit, better-than-expected revenue
** Stock among the top pct gainers across U.S. exchanges before the bell
** Q3 helped by its smartwatch business that contributed to nearly half of its total revenue
** In Oct., Wedbush upgraded Fitbit to "outperform", citing more opportunity as the company expands into healthcare with med-tech devices
** FIT's healthcare business grew 26 pct and accounted for less than 10 pct of its total revenue
** Stock down 17 pct this year (Reporting by Amy Caren Daniel in Bengaluru)
"Then there was a woman, a lion of a woman."