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Fitbit Is Now A Public Company Worth $6.2 Billion

This morning Fitbit ran the bell on Wall Street. With opening shares at $30.40 making the company worth 6.2 Billion.

As a Fitbit user I am happy to see this company go public. When powerful companies are entering the wearable game like Apple and Google. But buying Fitbit shares will have to wait for because right now Jawbone is attacking Fitbit with two lawsuits.

Now the wait to see if the stock goes up from here. Or will it die down in the coming weeks or months. All this is to take in mind on how Fitbit will keep people from leaving their platform and ditching their Fitbits that they have bought.

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