On Monday, Shares of Fitbit Inc. (NYSE:FIT), surged 14.03% to $37.06, hitting its highest level.
Fitbit, opened for trading Monday on the New York Stock Exchange (NYSE) under the ticker symbol “FIT” after its initial public offering on the floor of the NYSE. Barclays is the Designated Market Maker for the company’s stock.
James Park, CEO and Co-Founder, and Eric Friedman, CTO and Co-Founder, joined by members of Fitbit’s leadership team, commemorated the company’s public debut by ringing the NYSE Opening Bell® and visiting the trading floor to watch the stock open. Following the bell ringing, Fitbit hosted a celebration on Wall Street that invited New Yorkers to join the Fitbit movement by participating in a lunchtime workout led by celebrity trainer and Fitbit ambassador Harley Pasternak.
Fitbit Inc. provides wearable fitness-tracking devices worldwide. The company makes both wrist bands and clippable devices that monitor a user’s fitness activity by tracking the calories burned or distance covered.
Shares of Sprint Corporation (NYSE:S), inclined 0.21% to $4.69, during its last trading session.
Sprint Corp. partner Boost Mobile will follow along in the footsteps of its Overland Park parent company.
According to Fierce Wireless, the prepaid brand intends to entice subscribers who use T-Mobile USA Inc.’s MetroPCS or AT&T Inc.’s Cricket to switch using a familiar promotion. Boost Mobile is pulling out an offer to cut new customers’ rate plans by 50 percent.
From now until July 20, Boost Mobile will be running a “Slash Your Payment in Half” promotion that could save MetroPCS and Cricket customers from $20 to $30 per month for one year, Sprint told the publication.
Sprint, which has been running the “Cut Your Bill in Half” promotion for six months to attract AT&T and Verizon Wireless customers, has practiced success with the marketing tactic. It added 211,000 postpaid subscribers — the most lucrative consumer segment — in the quarter ended March 31, and another 30,000 in the quarter ended Dec. 31. American City Business Journals Reports.
Sprint Corporation, through its auxiliaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands.
Finally, The Walt Disney Company (NYSE:DIS), ended its last trade with 0.81% gain, and closed at $113.53, hitting its highest level.
The Walt Disney Company, will talk about fiscal third quarter 2015 financial results via a live audio webcast starting at 5:00 p.m. EDT / 2:00 p.m. PDT on Tuesday, August 4, 2015.
Results will be released at about 4:15 p.m. EDT / 1:15 p.m. PDT.
The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.
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