How Investors Can Profit From the Google-Fitbit Deal
Google-Fitbit Deal
Being a shareholder of a company that's about to be acquired can be a fantastic way to see your investment portfolio grow. Being able to anticipate a deal by closely watching the markets and the news can be hugely beneficial.
And that's the case again with Fitbit Inc (NYSE:FIT); the company recently entered into a deal with Alphabet (NASDAQ:GOOG)—also known as Google. Both Google stock and Fitbit stock are up, and this could pay off big-time for investors.
First, the major gains were seen by FIT stock. Shares of the wearable tech company had previously fallen on hard times since they first hit the.
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