For Thursday, June 18 TheStreet outlines the day with Fitbit’s (FIT) IPO debut, notable earnings, and key economic data to watch on Wall Street. Fitbit makes its trading debut on the floor of the New York Stock Exchange Thursday morning. The wearable fitness tracker is expected to price its shares between $17 to $19 a share, amounting to a market cap of roughly $4.5 billion. On the earnings front, we note quarterly earnings reports from drugstore chain Rite Aid Corp (RAD), supermarket chain Kroger Co (KR), and provider of open source software solutions Red Hat Inc (RHT). On the economic calendar, Wall Street awaits the consumer price index, weekly jobless claims, current account figures, and the Philadelphia Fed business outlook survey. TheStreet’s Kurumi Fukushima reports in New York.
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