Every dog has its day, and sometimes its week. Shares of Fitbit (NYSE: FIT) rose 9.6% last week, moving higher after the company announced retail availability of its new fitness tracker a bit earlier than expected.
Fitbit’s Alta HR is an update to Alta, the activity-monitoring bracelet that shipped more than a million units when it was introduced during the first quarter of last year. Fitbit had originally unveiled Alta HR in early March, promising worldwide retail availability by early April. On Monday, it announced global availability of Alta HR.