UK 21:49 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Fitness technology company Fitbug (FITB) has announced that it has entered into a settlement agreement with Fitbit, Inc. to resolve all of the litigation and claims between them and that “whilst the terms of the agreement are confidential, the immediate positive result of the agreement is that it removes the burden of any ongoing legal costs of this litigation from the company”. The following reviews with the shares in Fitbug initially up, but now falling back…
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Comments
Simple Moving Avarice
This will always be the outcome when a £2M company comes up against a $3B company. The best you can hope for is to make the litigation go away – not to win it.
NIPT should take note and come to a “positive” agreement with Illumina as soon as possible.