Fitbit Inc. on Wednesday posted a quarterly loss for the first time since the company went public, dogged by lackluster holiday sales of its new fitness trackers. The fourth-quarter loss was $146.3 million, or 65 cents a share, down from a profit of 26 cents a share, or $64.2 million, a year earlier. Excluding stock-based compensation and other...

Source: Wall Street Journal February 22, 2017 21:56 UTC