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116 Fitbit Ipo Celebration With Harley Pasternak Photos and Premium High Res Pictures - Getty Images
![Here's why Fitbit dropped below IPO price and has lost more than a third of its value in a week - Silicon Valley Business Journal Here's why Fitbit dropped below IPO price and has lost more than a third of its value in a week - Silicon Valley Business Journal](http://media.bizj.us/view/img/8195972/fitbit-blaze*1200xx1012-569-0-95.jpg)
Here's why Fitbit dropped below IPO price and has lost more than a third of its value in a week - Silicon Valley Business Journal
![People participate in an exercise class, outside the New York Stock Exchange, during the Fitbit initial public offering on Thursday, June 18, 2015. Fitbit is expected to release its fourth-quarter earnings on People participate in an exercise class, outside the New York Stock Exchange, during the Fitbit initial public offering on Thursday, June 18, 2015. Fitbit is expected to release its fourth-quarter earnings on](https://c8.alamy.com/comp/2EWX8RW/people-participate-in-an-exercise-class-outside-the-new-york-stock-exchange-during-the-fitbit-initial-public-offering-on-thursday-june-18-2015-fitbit-is-expected-to-release-its-fourth-quarter-earnings-on-february-22-2017-after-the-closing-bell-photo-by-richard-b-levine-please-use-credit-from-credit-field-2EWX8RW.jpg)
People participate in an exercise class, outside the New York Stock Exchange, during the Fitbit initial public offering on Thursday, June 18, 2015. Fitbit is expected to release its fourth-quarter earnings on
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116 Fitbit Ipo Celebration With Harley Pasternak Photos and Premium High Res Pictures - Getty Images
![James Park (C), Fitbit CEO, applauds with co-founder and CTO Erid Friedman (6th L) while ringing the opening bell on the day of the company's IPO above the floor of the New James Park (C), Fitbit CEO, applauds with co-founder and CTO Erid Friedman (6th L) while ringing the opening bell on the day of the company's IPO above the floor of the New](https://c8.alamy.com/comp/2E612X4/james-park-c-fitbit-ceo-applauds-with-co-founder-and-cto-erid-friedman-6th-l-while-ringing-the-opening-bell-on-the-day-of-the-companys-ipo-above-the-floor-of-the-new-york-stock-exchange-june-18-2015-shares-of-fitbit-inc-the-maker-of-popular-wearable-fitness-tracking-devices-ran-up-as-much-as-60-percent-in-their-debut-valuing-the-company-at-up-to-65-billion-reuterslucas-jackson-2E612X4.jpg)