Seth was too bullish near term and too bearish long term. There is also a lack of perception about the utility of the #Fitbit ecosystem which is wrongly considered inferior to smartphones. For some people a smartphone is more important, for others it is more important as a fitness tracker. $FIT
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Fitbit Misses Q3 Expectations And Lowers Full Year Guidance
Seth was too bullish near term and too bearish long term. There is also a lack of perception about the utility of the #Fitbit ecosystem which is wrongly considered inferior to smartphones. For some people a smartphone is more important, for others it is more important as a fitness tracker. $FIT