Fitbit Inc Holiday Sales Have Stock Up, App Downloads Way Up

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Fitbit Inc Holiday Sales Have Stock Up, App Downloads Way Up

While the company hasn’t released its holiday sales numbers yet, its app downloads suggest that a number of people were gifted their first device.

 

Sales numbers still a ways away, stock up 3%

While Fitbit’s sales numbers will not likely be known until the company files its next quarterly numbers, a change in guidance from the wearables leader wouldn’t come as a shock to many who are looking closely at the company. Pre-market, saw Fitbit pick-up around 6% share value though this has fallen off a bit in early morning trading. On Thursday, prior to the market closing after a half-day of trading, Fitbit stock closed at $28.91. It opened on Monday at $30.22 before falling off a bit and then recovering some of those gains. As of this writing, the company is trading at $29.92 or an increase of 3.40%. (10:42 EST)

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Tracking app downloads, Fitbit looks to have had quite the holiday season

Fitbit’s fitness-tracking app, prior to