Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google said Thursday it has completed its $2.1 billion acquisition of Fitbit (NYSE:FIT). "This deal has always been about devices, not data, and we've been clear since the beginning that we will protect Fitbit users' privacy," said Google.
I personally am going 30 days out and buying today as the stock like most is down and it will be relatively cheap. I believe that will give traders plenty of time to realize google bought FITBIT. I am also going further out knowing that Google will turn this company around and make it profitable.