GoPro Inc (NASDAQ:GPRO) lost the confidence of many investors after failing to achieve profits over past three quarters. The company posted losses of $0.52 per share in the second quarter, $0.62 per share in the first quarter, and $0.08 per share in the fourth quarter of 2015. It is also struggling to compete with companies offering action cameras at a lower price.
GPRO stock lost nearly 70% in value over the past year. It went down from its highest trading price of $51.65 per share to as low as $8.62 per share over the past 52 weeks.
It appears that some investors.
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GPRO stock lost nearly 70% in value over the past year. It went down from its highest trading price of $51.65 per share to as low as $8.62 per share over the past 52 weeks.
It appears that some investors.
Den vollständigen Artikel lesen ...