FitBit Shares Plummet, and Comcast Makes a Deal

February 27, 2018

The wearable tech maker posted lower than expected sales for the holiday quarter, sending shares to an all-time low.

Meanwhile, Comcast shares are falling after the company made a $31 billion bid for UK broadcaster Sky.

And in other media merger news, Discovery got approval for its acquisition of Scripps, and Qualcomm introduced its latest chip meant for 5G technology.