Fitbit sees current-quarter revenue below estimates, shares fall 15 percent
https://www.reuters.com/article/us-fitbit-results/fitbit-sees-current-quarter-revenue-below-estimates-shares-fall-15-percent-idUSKCN1QG2US
Wearable device maker Fitbit Inc forecast first-quarter revenue below analysts' estimates on Wednesday, as the company expects a decline in average selling price, sending its shares down 15 percent.