The Legend of Clessie Cummins

MarketFoolery

• Episode: The Legend of Clessie Cummins
• Website: MarketFoolery
• Feed URL: http://feeds.feedburner.com/Marketfoolery
• Duration: 00:17:41
• Published: 2017-01-30 21:01

Fitbit lowers guidance and announces layoffs. Analysts Jason Moser and Taylor Muckerman discuss Fitbit’s options, including which type of business might make the best acquisition. Plus, Rite Aid’s buyout offer from Walgreens just got lower. We try to make sense of Cummins’ valuation and share the company’s awesome origin story.