Good News for GPRO Stock
GoPro Inc (NASDAQ:GPRO) got a lift Wednesday morning after the company announced cost-cutting measures in its efforts to refocus the firm. However, GoPro stock (GPRO) had dropped lower by the very next day.
What's going on with the action-camera maker and GPRO stock?
The headline news was that GoPro will cut 200 jobs, many of them in the company's entertainment division. That section will be closed in the coming months. The company will also close all open positions and accept the resignation of President Tony Bates.
GoPro expects these changes to cost it $24.0 million to $33.0 million in the short run. That being said, the.
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GoPro Inc (NASDAQ:GPRO) got a lift Wednesday morning after the company announced cost-cutting measures in its efforts to refocus the firm. However, GoPro stock (GPRO) had dropped lower by the very next day.
What's going on with the action-camera maker and GPRO stock?
The headline news was that GoPro will cut 200 jobs, many of them in the company's entertainment division. That section will be closed in the coming months. The company will also close all open positions and accept the resignation of President Tony Bates.
GoPro expects these changes to cost it $24.0 million to $33.0 million in the short run. That being said, the.
Den vollständigen Artikel lesen ...