Shares of Fitbit Inc (NYSE:FIT) ended Friday session in green amid volatile trading. The shares closed up +0.22 points or 1.31% at $16.98 with 8,349,806 shares getting traded. Post opening the session at $16.74, the shares hit an intraday low of $16.73 and an intraday high of $17.18 and the price vacillated in this range throughout the day. The company has a market cap of $3.82 billion and the numbers of outstanding shares have been calculated to be 222.15 million shares.
On August 29, 2016 Fitbit (FIT), the leader in the connected health and fitness market, released Fitbit Adventures, a new series of personal, non-competitive activity Challenges that are designed to inspire you to move more and reach your health and fitness goals. With each step logged, you can advance and virtually experience iconic landmarks and trails in Yosemite National Park or participate in the TCS New York City Marathon, while being motivated by fun facts and inspired through immersive breathtaking photography. Available globally in the top-downloaded, free Fitbit® app, Fitbit Challenges motivate users to increase activity, showing how small steps add up to big results, with Fitbit data demonstrating that users who participate in Challenges move up to around one additional mile per day, on average.1
“Fitbit Adventures are the perfect motivation for anyone who may not want to compete in a traditional Fitbit group challenge with friends or family,” said Tim Roberts, Executive Vice President, Interactive at Fitbit. “These new challenges inspire you to move more through virtual explorations of some of the most captivating environments in the world – places you might not be able to visit otherwise – all powered by your daily step activity. Whether hiking a beautiful trail in one of America’s greatest natural treasures, completing the most iconic marathon in the world, or visiting one of the many exciting destinations yet to come, we believe Adventures truly brings the experience to life.”
Shares of HP Inc (NYSE:HPQ) ended Friday session in red amid volatile trading. The shares closed down -0.03 points or 0.20% at $15.09 with 8,102,240 shares getting traded. Post opening the session at $15.10, the shares hit an intraday low of $15.03 and an intraday high of $15.19 and the price vacillated in this range throughout the day. The company has a market cap of $25.77 billion and the numbers of outstanding shares have been calculated to be 1.71 billion shares.
HP Inc (HPQ) on Sep 12, 2016 introduced an expansive line of powerful A3 multifunction printers (MFPs) designed to disrupt the traditional $55 billion A3 copier category.
Earlier now, the company announced a definitive agreement to acquire Samsung Electronics Co., Ltd.’s printer business in a transaction valued at $1.05 billion, the largest print acquisition in HP’s history. Both announcements were made at the beginning of HP’s Global Partner Conference.
Highlights of HP’s A3 MFP technology breakthroughs include:
- 16 new next-generation HP PageWide and LaserJet platforms, bringing innovation to the copier segment
- World-class print security across devices, documents and data
- Advanced monitoring based on cloud and big-data analytics to predict service and supply needs
- Affordable color to drive adoption and economics
For decades, the copier category has lacked the disruptive innovation needed to drive service efficiency, protect against security breaches and deliver cost-effective color. HP is changing this with a next-generation portfolio of A3 MFP printing solutions that deliver the simplicity, reliability, serviceability, and security to transform business printing.
With launch and new channel programs, HP can now deliver the industry’s most advanced lineup of A3 MFP and A4 laser print solutions for the office that reflects the ongoing industry transition to everything as a service and contractual versus transactional sales.
“The complexity of traditional copiers makes repair and maintenance too inefficient for our partners and customers,” said Enrique Lores, president, Imaging & Printing, HP Inc. “By leveraging our superior printing technology, we can change the status quo with next-generation A3 multifunction printers that improve the overall customer and partner experience while also serving as a springboard for growth in managed print and document services. This is what we mean by reinventing printing.”