Billion Dollar Unicorns: Fitbit Struggles To Stay Relevant

Its stock is trading at $5.19 with a market capitalization of $1.3 billion. It had touched a 52-week high of $7.32 in December last year and had fallen to a 52-week low of $4.51 last month. The stock’s current price is a far cry from the $20 that the stock had listed at nearly two years ago.

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Sramana Mitra is the founder of One Million by One Million (1M/1M), a global virtual incubator that aims to help one million entrepreneurs ...

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Larry Ramer 6 months ago Contributor's comment

I think the partnership with Google will turn out to be a big key.