Is Fitbit Stock (NYSE: FIT) at the Mercy of the Apple Watch?

The Fitbit stock price has seen a massive rise over the last week. Shares of FIT are up 9.1% since Sept. 3. The majority of the gains came after Morgan Stanley reported that Fitbit dominates the wearable tech market over Apple. But could the Apple Watch jeopardize Fitbit's long-term appreciation? Tags: Apple stock , apple stock price , Apple Watch , fit stock , FIT stock price , fitbit , fitbit (nyse: fit) , fitbit (nyse: fit) stock price , fitbit inc. (nyse: fit) , fitbit stock , fitbit stock price To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Is Fitbit Stock (NYSE: FIT) at the Mercy of the Apple Watch? appeared first on Money Morning - We Make Investing Profitable .
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