Digital Fitness Tracker Startup Fitbit Raises $43 Million, Softbank Capital's Steve Murray Joins Board

Wochit 0:54 mins

Fitbit, a startup which makes a wide range of digital fitness trackers and health devices, has closed a $43 million funding round and added Softbank Capital's Steven Murray to its board, according to an SEC filing. The funding comes as the market for health trackers is heating up, with more money being invested in the space. US Airways slid sharply by more than 8 percent after the Justice Department and a number of state attorneys general challenged the proposed merger between US Airways and American Airlines' parent company, AMR Corp. U.S. stocks moved back into positive territory despite declines in consumer stocks, particularly homebuilders, in another day of light trading volume.

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