Market Movers: Fitbit Inc (NYSE:FIT), Williams Companies Inc (NYSE:WMB), Digital Turbine Inc (NASDAQ:APPS)

On Tuesday, Shares of Fitbit Inc (NYSE:FIT), added 1.49% and closed at $9.56 in the last trading session. The last trading range of the stock ranges between $9.43 and $9.61. Fitbit (FIT) has not received any communication from ABM Capital, or any other firm, regarding a stated offer. As the leader in the connected health and fitness market, we remain focused on delivering innovative products consumers love and are confident in our vision for the future.

Williams Companies Inc (NYSE:WMB), jumped 2.75% and closed at $30.97 in the last trading session. The last trading range of the stock ranges between $30.45 and $31.20. The company’s Market capitalization is $23.28 Billion with the total Outstanding Shares of 750.84 million. Williams Partners L.P. (WPZ) recently declared it has accomplished the execution of a new gas gathering agreement with Total’s U.S. associates (“Total”), the successor to Chesapeake Energy’s (CHK) properties in the Barnett Shale.

The Barnett agreement with Total follows a formerly declared agreement with Chesapeake Energy that provides accelerated upfront cash payments to Williams Partners totaling $754 million ($334 million from Chesapeake and $420 million from Total), in addition to new terms and conditions under which Williams Partners will provide gas gathering services to Total through 2029.

Digital Turbine Inc (NASDAQ:APPS), jumped 10.12% and closed at $0.925 in the last trading session. The last trading range of the stock ranges between $0.72 and $0.93. During the 52-week trading session the minimum price at which share price traded, registered at $0.56 and reached to max level of $1.60. Digital Turbine, Inc. (APPS), the Company empowering operators and Original Equipment Manufacturers (“OEMs”) around the globe with end-to-end mobile solutions, declared financial results for the fiscal 2017 second quarter ended September 30, 2016.

Recent Highlights:

The Company achieved record Operators & OEMs (“O&O”) revenue of $9.9 million during the September quarter, driven mainly by growth with preexisting carrier partners, and supplemented by the onset of contribution from new carrier partners in the quarter.

O&O revenue derived from our U.S-based carrier partners raised 38% sequentially.

International O&O revenue raised 98% sequentially, as the Company continues to work to diversify its Ignite revenue while expanding its global footprint into key planned regions such as India and Latin America.  The Company generated initial revenue from two new carriers in these regions during the September quarter.

The Company has successfully launched Ignite on more than two million devices to date with a new partner in India and more than one million devices with a new Latin American partner.

Leave a Reply

Your email address will not be published. Required fields are marked *