FitBit Shares Plummet, and Comcast Makes a Deal

The wearable tech maker posted lower than expected sales for the holiday quarter, sending shares to an all-time low. Meanwhile, Comcast shares are falling after the company made a $31 billion bid for UK broadcaster Sky. And in other media merger news, Discovery got approval for its acquisition of Scripps, and Qualcomm introduced its latest chip meant for 5G technology.

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