Fitbit Inc., which sells a suite of wearable health and fitness tracking apps, has filed to conduct an initial public offering of stock and be traded on the New York Stock Exchange under the symbol FIT.
The size of the IPO is not yet publicly known; for now, the Securities and Exchange registration statement has $100 million as a placeholder. The intentions to go public have been known for some time; Bloomberg reported in December that the company could raise $150 million.
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