Highlights From Fitbit's Q2 2017 Earnings Call
Shares of Fitbit (NYSE: FIT) rallied 15% the day after the connected-fitness company presented its second-quarter report, beating its previously stated guidance. And the stock has moved up since that Aug. 3 jump. That's good news for investors, who have been punished during what management is calling a transitional year and are still down 60% over the past 12 months. But signs are emerging that the pain could be easing.
Source: Fool.com