What can you say about Fitbit’s (FIT) executive team other than “Wow”? After lowering FY16 guidance upon missing Q3 revenues, the situation continued to deteriorate for Fitbit as demand for its fitness trackers continued to fall. In Q3 2016, Fitbit lowered revenue expectations from a growth rate of 38% to just 25% growth. But on January 30, 2016 Fitbit announced…
Fitbit Finds Itself Restructuring Through 2017
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Technicals and Quant Data at Month’s End
Seth Golden, , Research Reports, 0
Offered below is the latest chart pack from RBC Capital’s chief technical strategist Robert Sluymer. In addition, please continue...
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Poor October Setup, Good Year-end Rally Probabilities
Seth Golden, , Research Reports, 0
Welcome back to our Finom Group macro-market Research Report! September and the Q3 2024 period ended on a high...
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Weekly State of the Market: Houston, We Have Tailwinds
Seth Golden, , Research Reports, 0
“The speculator fights his own good sense, struggles against his own will … and is at odds with his...
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J.P. Morgan: What was I made for: Large Language Models in the Real World
Seth Golden, , Research Reports, 0
On markets, not much has changed since our August Rasputin piece. While most leading indicators point to weaker US...
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Fitbit Beat Q2 2017 Expectations With Channel Inventory Levels Improving
Seth Golden, , Research Reports, 0
Fitbit (FIT) entered its Q2 2017 quarterly report with its stock performing at its lowest valuation since becoming a...
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Bulls Have Won 2024, And The Streak…
Seth Golden, , Research Reports, 0
Good weekend all! During our off-reporting weekend, please consider our 3rd-party Research compilation from around Wall Street. Our final...
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Paying The Price For Expected Returns Is Easier Said Than Done
Seth Golden, , Research Reports, 0
Nailed it! That must be what Fundstrat strategist Tom Lee is thinking at the end of the trading week...
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A 9% Correction & Earnings Beats Warrant Nibbling
Seth Golden, , Research Reports, 0
Correction right on schedule.2 weeks ago we called for a second 10% correction in as many months as we...
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