Fitbit on the up after IPO

Wearables maker Fitbit saw strong growth in its share price following its Initial Public Offering (IPO), indicating that concern about its position in this competitive market is not dampening investor sentiment. Shares were initially priced at $20, above the range …

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Wearables market in rude health in Q1 – IDC

The worldwide wearable device market recorded its eighth consecutive quarter of steady growth in the first quarter of 2015, bucking the post-holiday slowdown in what was described as “a strong sign for the wearables market”. “It demonstrates growing end-user interest …

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