Fitbit' Q1 2017 Results Highlight Inventory And Average Selling Price Reductions
May 07, 2017 at 11:55 AM EDT
FIT is already giving back some of the post earnings release gains. I would be of the opinion that the share price will dip below $6 a share in the near-term as the company still has a great deal of work ahead in order to return to profitability.