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Fitbit Spikes After Nike Buyout Rumor

2016-03-08 19:26:45| Footwear - Topix.net

According to market chatter, investors may be intrigued by the possibility of Nike Inc buying out Fitbit Inc . Earlier in the day, Benzinga heard unconfirmed talk of a potential buyout, and subsequently saw Fitbit shares spike to a high of $13.56.

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