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Fitbit raises $732M in the biggest ever consumer electronics IPO

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This morning San Francisco-based Fitbit debuted its initial public offering on the New York Stock Exchange after increasing the price of its shares to $20 apiece: The IPO raised $732 million, making it the biggest consumer electronics IPO in history, according to Dealogica. The stock began trading on the NYSE above $30 a share. According to CNBC, the average Fitbit […]

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