FitBit Price Range Raised to $17 – $19 Per Share, Deal Upsized

FitBit Inc. raised its price range for shares in its IPO to $17 – $19 from $14 – $16.  The deal – which is slated to price tomorrow night – was also upsized to 34.5m shares.  FitBit will list on the NYSE under the symbol “FIT.

Triton Research has published a 72-page Dossier on Fitbit Inc. For pricing information please contact Kaylan Tildsley at (212) 804-6151.

Triton Research Company Score (avg. 6.55): Contact Triton Research for more details.

Company Description: Designs and sells electronic fitness activity trackers and associated software to consumers and corporations as well as related software services (virtual coaching and content).

Competitive Set: Garmin, Jawbone, Misfit, Adidas, Nike, Apple, Archos, Microsoft, Samsung