Why GoPro Stock Fell Last Week
GoPro (GPRO) stock fell ~17% last week (ended January 12, 2018) and closed at $6.23. The stock is currently trading 23.6% above its 52-week low of $5.04 and 47.6% below its 52-week high of $11.89. Last week, GoPro announced that it would decrease over 20% of the global workforce and shut down its drone vertical after a lackluster 4Q17.