More pain possible for Fitbit shareholders as lockup expires

Fitbit Inc.'s stock, already at a record low, could take another hit today when insiders and employees will be allowed to sell some 127.3 million shares that had been locked up.

Stock of the maker of exercise activity trackers dropped to an all-time low of $13.99 yesterday.

The additional shares coming to market represent roughly 60 percent of the total number of shares currently outstanding.

Read more from Reuters.