1. Short Sellers are Cleaning up in Fitbit (FIT)

    Short Sellers are Cleaning up in Fitbit (FIT)

    Shares of Fitbit are down 15.7% at $6.08 per share on Monday after the company announced preliminary fourth-quarter results that were well below its previous estimate, in addition to slashing its guidance for the crucial holiday quarter.  The company said it sold 6.5 million devices in the fourth quarter, and that revenue would come in at $572 million to $580 million, well below its previous guidance range of $725 million to $750 million...

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