Company Overview and News
Roku (NASDAQ:ROKU) has seen the usual ups and downs of a recent IPO. Roku stock came out of the gate under $20 per share and didn’t do much at first. But strong earnings soon had investors racing into Roku stock. It would reach as high as $59 per share by the end of 2017.
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Fitbit (NYSE: FIT) bears believe that Fitbit stock is overvalued, citing the company’s falling market share and revenue, as well as tough competition in the wearables space.
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The Internet of Things (IoT) is not longer some strange, unknowable concept. Instead it has integrated itself almost seamlessly into consumer products.
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It’s been a bumper month for fitness tracking tech firm Fitbit Inc. (NYSE:FIT). FIT stock has been punished by investors over the past year despite the firm’s efforts to revive its image and reignite demand for its gadgets.
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Fitbit has recently rallied immensely the past month as its wearables business has begun showing signs of life, amid the Versa's success and improving margins.
Struggling Fitbit Inc (NYSE:FIT) is in hot waters as six of its employees have been charged for stealing trade secrets from fellow fitness device maker Jawbone.
Six former and current employees of Fitbit Inc were charged in a federal indictment for possessing trade secrets stolen from rival Jawbone, according to a statement from the Department of Justice on Thursday.
It’s been one day since the FOMC press conference and announcement that the Federal Reserve will raise interest rates. Despite U.S. stock indexes barely budging, there was a lot of movement below the surface. Let’s look at some of that movement with our top stock trades.
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Shares of Fitbit Inc (NYSE:FIT) have been on fire, with Fitbit stock rising roughly 40% in June alone. It’s obviously been a massive rally and has led to an overbought condition in the stock. But there’s reason for some investors to believe that it could have more room to run.
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Congratulations are in order for technology giant Apple (AAPL), which earlier this month was finally able to end its WWDC losing streak. Even though shares underperformed US markets in general, they finished higher during the conference really for the first time this century (when excluding pre-split week). Even with shares entering this time near all-time highs, investors apparently liked what they saw from the company.
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In early May, I bought shares of Fitbit Inc (NYSE:FIT) before the company’s first quarter earnings report. I reasoned that newly launched Versa smartwatch demand would boost the wearable maker’s results, and that bullish talk regarding Versa and enterprise data partnerships would spark a post-earnings rally in Fitbit stock.
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2017-10-11 - Asif
Fitbit's mission is to help people lead healthier, more active lives by empowering them with data, inspiration, and guidance to reach their goals. Fitbit is transforming the way millions of people around the world achieve their health and fitness goals. The Fitbit platform combines wearable devices with connected health solutions via software and services, including an online dashboard and mobile apps, data analytics, motivational and social tools, personalized insights, and virtual coaching through customized fitness plans and interactive workouts. Its platform helps people become more active, exercise more, sleep better, eat smarter, and manage their weight. Fitbit appeals to a large, mainstream health and fitness market by addressing these key needs with advanced technology embedded in simple-to-use products and services. The company pioneered the wearable device market starting in 2007, and since then, The company have grown into a leading global health and fitness brand. Fi...
7h - Asif
History and Development Himax Taiwan, its predecessor, was incorporated on June 12, 2001 as a limited liability company under the laws of the ROC. On April 26, 2005, the company established Himax Technologies Limited, an exempted company with limited liability under the Cayman Islands Companies Law, as a holding company to hold the shares of Himax Taiwan in connection with its reorganization and share exchange. On October 14, 2005, Himax Taiwan became its wholly owned subsidiary through a share exchange consummated pursuant to the ROC Business Mergers and Acquisitions Law through which the company acquired all of the issued and outstanding shares of Himax Taiwan, and the company issued ordinary shares to the shareholders of Himax Taiwan. Shareholders of Himax Taiwan received one of its ordinary shares in exchange for one Himax Taiwan common share. The share exchange was unanimously approved by shareholders of Himax Taiwan on June 10, 2005 with no dissenting shareholders and by ...
2018-06-22 - Asif
Overview Cascadian Therapeutics is a clinical-stage biopharmaceutical company focused on the development of therapeutic products for the treatment of cancer. The company's goal is to develop and commercialize novel targeted compounds that have the potential to improve the lives and outcomes of cancer patients. The company's lead clinical-stage product candidate is tucatinib, an oral, HER2-selective small molecule tyrosine kinase inhibitor. The company's pipeline also includes two preclinical-stage product candidates: CASC-578, a Chk1 kinase inhibitor, and CASC-674, an antibody program against an immuno-oncology target known as TIGIT. 2018 Merger Agreement On January 30, 2018, the company entered into an Agreement and Plan of Merger (the Merger Agreement) with Seattle Genetics, Inc., a Delaware corporation (Seattle Genetics), and Valley Acquisition Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Seattle Genetics (Merger Sub). Pursuant to the Merger ...
2018-06-22 - Asif
Business Overview The Corporation is a Delaware corporation, a bank holding company (BHC) and a financial holding company. When used in this report, “the Corporation” may refer to Bank of America Corporation individually, Bank of America Corporation and its subsidiaries, or certain of Bank of America Corporation’s subsidiaries or affiliates. The company's principal executive offices are located in Charlotte, North Carolina. Through its banking and various nonbank subsidiaries throughout the U.S. and in international markets, the company provide a diversified range of banking and nonbank financial services and products through four business segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets, with the remaining operations recorded in All Other. The company operate its banking activities primarily under the Bank of America, National Association (Bank of America, N.A. or BANA) charter. At March 31, 2018, the Corporation had a...
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