Fitbit holiday sales ‘exploding’ as Christmas nears

By | December 21, 2015

Scalper1 News

Sales of Fitbit (FIT) activity trackers got off to a slow start over the Black Friday weekend but have picked up considerably as Christmas approaches, Pacific Crest Securities analyst Brad Erickson said in a report Sunday. “Checks indicate Fitbit’s in-store demand came back in a big way since our Black Friday checks indicated disappointing sell-through a few weeks ago,” Erickson said. “We believe the company is tracking to Q4 upside with one-third Scalper1 News

Scalper1 News