Fitbit (FIT) the maker of wearable fitness-tracking devices, priced its initial public offering at $20 a share, above already raised expectations,according to the Wall Street Journal. The deal raised about $732 million for the company and some of its shareholders by selling 36.6 million shares, according to the person familiar with the deal, and gives Fitbit a valuation of about $4.1 billion. It marks the third-largest U.S. IPO this year, according to deal tracker Dealogic. Nearly 20 percent of Apple (AAPL) Watch buyers are not only shelling out hundreds of dollars for the timepiece but are springing for a spare band too, giving the tech giant a profitable second dip into customers’ wallets, according to data provided exclusively to Reuters. The data from Slice Intelligence, a research firm that mines e-mail receipts. Slice estimates the company has sold 2.79 million as of mid-June. Sales at Jabil Circuit (JBL) for the third quarter of the company’s fiscal year were below expectations although profit was in line with analysts’ projections. Jabil makes iPhone 6 and iPhone 6 Plus casings.
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