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Fitbit Inc. (FIT) Fell To A 52-Week Low After Q4 Loss

Fitbit Inc. (FIT) reported a fourth quarter loss of $0.02 per share after the bell Monday. Analysts had expected break-even results.

Fitbit gapped open lower Tuesday, but traded in a range for the bulk of the session. The stock closed down by 0.68 at $4.86 on the highest volume of the year. Fitbit dropped below support and set a new low for the year.

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