Fitbit has hired Qatalyst to explore a sale, sources tell CNBC — stock up more than 15%
Fitbit hires boutique investment firm Qatalyst Partners to explore a sale, according to a person familiar with the matter.No deal is imminent, and Fitbit could choose not to pursue a sale.has hired boutique investment firm Qatalyst Partners to explore a sale, according to a person familiar with the matter. Shares of the wearables company climbed as much as 21% following the news.
No deal is imminent, said the person, who asked not to be named because the process is private. Representatives from Fitbit said the company does not comment on rumors or speculation.
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