01-01-2017 01:56 via articlefeeds.nasdaq.com

Investors Are Betting Big Against Fitbit Inc. -- Are They Right?

Fitness tracker maker Fitbit NYSE FIT shed 75 of its value this year due to slowing sales growth slipping margins and tougher competition But investors seem to think that the stock could continue falling over 30 of its outstanding shares were still being shorted as of
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