Fitbit Inc. surged in its trading debut, after heavy demand for the companys initial public offering led it to boost the size of the deal.
The shares rose 51 percent to $30.27 as of 11:36 a.m. in New York. Fitbit and some of its backers raised $732 million after selling the stock for $20 apiece.
Register or login for access to this item and much more
All Health Data Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access