Fitbit stock soars amid rumors of acquisition by Google’s Alphabet Inc.


MicroStockHub/iStock(NEW YORK) — Fitbit stock soared by more than 30% Monday after reports emerged that Alphabet Inc., the company that owns Google, was apparently looking into purchasing the fitness tracking company. Both Fitbit and Alphabet Inc. declined ABC News’ request for comment, with both companies saying it doesn’t comment on rumors or speculation.Fitbit stock was trading at $4.29 per share when markets opened Monday and jumped more than 30% to $6.09 per share around midday.Alphabet Inc. stocks also rose Monday by approximately 2%. Copyright © 2019, ABC Audio. All rights reserved.