Fitbit is a technology company focused on delivering health solutions. Co.'s wearable devices, which include health and fitness trackers and smartwatches, enable its users to view data about their daily activity, exercise, and sleep in real-time. Co.'s software and services, which include an online dashboard and mobile app, provide its users with data analytics, motivational and social tools, and virtual coaching through customized fitness plans and interactive workouts. Co.'s line of devices includes the Fitbit Charge 3™, Fitbit Inspire™, Fitbit Inspire HR™, and Fitbit Ace 2™ activity trackers. Co. also provides a line of accessories including bands and frames for some of its devices. We show 24 historical shares outstanding datapoints in our coverage of FIT's shares outstanding history.
Understanding the changing numbers of FIT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like FIT versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching FIT by allowing them to research FIT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
