Fitbit Slumps Almost 6%, Poised To Snap Four-session Winning Streak

By Sue ChangMarketWatch Pulse

Shares of Fitbit were down sharply on Monday, on track to snap a four-session winning streak. Fitbit soared nearly 26% last week, bolstered by news that Target Corp. will supply its U.S. employees, numbering some 326,000, with the fitness trackers as part of its corporate wellness push. Fitbit shares fell 5.7% to $38.33.

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