"Fitbit results miss as sales of fitness devices drop in holiday quarter"
"Feb 26 (Reuters) - Wearable device maker Fitbit Inc on Monday forecast current-quarter profit and revenue below Wall Street estimates and predicted lower revenue from newly launched products such as Ionic and Alta HR.
Fitbit shares fell 11.2 percent to $4.92 in after-market trading after the company's fourth-quarter results also missed estimates due to an about 17 percent drop in sale of its fitness trackers in the holiday quarter."