FitBit stock jumps as smartwatches fuel growth

FitBit’s stock price jumped in after-hour trading and is currently trading around $6.00 a share, off its 52-week intraday high of $7.79. The company today announced its latest quarterly numbers, which saw the average selling price of its wearables increase 6% year-over-year to $106 a device. New devices introduced within the last year represented 59% […]...