Fitbit Becomes The First Publicly Traded Wearables Maker

Fitbit will become the first publicly traded wearables maker on Thursday, and will debut with a lofty market cap around $4 billion. The meteoric rise of health-tracking wearables is poised to continue, buoyed by young consumers who want to build a comprehensive “quantified self”—and by older Americans who prefer to manage their own health without having…