|Bid||0.0000 x 3200|
|Ask||5.0200 x 1000|
|Day's Range||4.6900 - 4.9000|
|52 Week Range||2.0000 - 5.9500|
|Beta (5Y Monthly)||1.46|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul. 30, 2020 - Aug. 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.88|
Investors need to pay close attention to GoPro (GPRO) stock based on the movements in the options market lately.
NEW YORK, NY / ACCESSWIRE / June 22, 2020 / KORR Acquisitions Group, Inc. (together with its affiliates, including KORR Value, LP, "KORR"), a shareholder with a substantial position in GoPro, ...
Recently, shares of companies in severe financial distress — including Chapter 11 bankruptcy — have been very popular for day traders, a sign that has many concerned.
A well-respected analyst firm suggested a pair trade to cash in on GoPro's skyrocketing rebound and buy into Sonos at an attractive valuation.
Shares of GoPro (NASDAQ: GPRO) jumped 33.8% in May, according to data from S&P Global Market Intelligence. The stock got a small lift from the quarterly results the company published during the month and also seems to have benefited from the announcement of a new accessory and strong digital sales. GoPro's first-quarter sales and earnings were nothing to celebrate, but the company did manage to significantly reduce its operating costs and grow digital sales as a percentage of total revenue.
(Bloomberg) -- GoPro Inc.’s chief hardware designer Danny Coster left the camera maker earlier this year after joining from Apple Inc.’s design team four years ago.“After nearly four years at GoPro where Danny was instrumental in transforming our design function, Danny decided to take his career expertise and family back to his native New Zealand to begin a new chapter of his life,” a spokesman for San Mateo, California-based GoPro told Bloomberg News. Coster’s last day at the company was in February, the spokesman added.In April, GoPro cut more than 20% of its workforce, shifted its sales strategy away from physical retail to direct-to-consumer, and cut its 2020 financial guidance due to the Covid-19 pandemic. Still, action camera hardware is key to GoPro’s future, and the departure of Coster means the loss of an influential product and design leader.Read more: GoPro Cuts More Than 20% of Workforce, Changes Sales StrategyCoster joined GoPro in 2016 as vice president of design, and his departure from Apple’s famed industrial design team was one of the first for the Cupertino, California-based technology giant. After he moved, several other veteran team members left, including longtime leader Jony Ive.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Today GoPro entered the cutthroat business of personal lighting. This is the GoPro Zeus Mini; it looks like a rad little light, though it’s a curious product from an action camera company. GoPro says the light is also compatible with all of GoPro’s mounts.
Shares of GoPro (NASDAQ: GPRO) climbed 34.4% in April, according to data from S&P Global Market Intelligence. GoPro stock got hit hard in March's coronavirus-driven sell-off, but shares saw recovery in April thanks to momentum for the broader market. GoPro stock has lost some ground in May's trading.
Despite COVID-19 pandemic, factors like effective channel inventory management, direct-to-consumer operating model and accretive subscriber base drive GoPro's (GPRO) first-quarter 2020 results.
Image source: The Motley Fool. GoPro Inc (NASDAQ: GPRO)Q1 2020 Earnings CallMay 7, 2020, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and welcome to GoPro's First Quarter 2020 Earnings Results Conference Call.
Action camera manufacturer GoPro has announced some massive organizational changes at the company. In particular, the company is laying off more than 200 employees — which represents a 20% staff reduction. The company expects a "$100 million reduction in non-GAAP operating expenses in 2020 and plans to further reduce operating expenses into 2021 to $250 million."
(Bloomberg) -- GoPro Inc. said it will cut more than 200 jobs, shift the company’s sales operation to market its digital adventure cameras directly to consumers and withdraw its 2020 financial guidance in response to the Covid-19 pandemic.The operational changes, staff reductions of more than 20% and cuts to office space will save $100 million in 2020, and reduce expenses next year to $250 million, the San Mateo, California-based company said Wednesday in a statement. GoPro said its shift to direct sales will mean a stronger focus on its website. The company said it still will use retail outlets for a small number of regions where such sales are preferred by consumers.“We have a clear opportunity to super-serve consumers’ demand for our products in a more direct and efficient manner which can have a positive impact on the profitability of our business,” Chief Executive Officer Nick Woodman said in the statement.While withdrawing its forecast, GoPro said its expects to report first-quarter revenue of $119 million and an adjusted loss in the mid-30 cents a share. The company sold 700,000 cameras in the period, and said the staff and operational changes won’t affect its 2020 product road map, which will include new devices and services.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Best Buy's stores have been packed amid the rush to buy work-from-home gear during the coronavirus pandemic.
Even if it's not a huge purchase, we think it was good to see that Alexander Lurie, the Independent Director of GoPro...
DSP Concepts — a startup whose Audio Weaver software is used by companies as varied as Tesla, Porsche, GoPro and Braun Audio — is announcing that it has raised $14.5 million in Series B funding. The startup's goal, as explained to me by CEO Chin Beckmann and CTO Paul Beckmann (yep, they're a husband-and-wife founding team), is to create the standard framework that companies use to develop their audio processing software.
New York, New York--(Newsfile Corp. - February 21, 2020) - KORR Acquisitions Group, Inc. (together with its affiliates, including KORR Value, LP, "KORR"), a shareholder with a substantial position in GoPro, Inc. (NASDAQ: GPRO) ("GoPro" or the "Company"), today announced that it has delivered a letter to both Nicholas D. Woodman, Chairman, Chief Executive Officer and founder of GoPro, and Kenneth Goldman, the Company's lead independent director, with copies to the Company's Board ...
Despite effective channel inventory management, healthy product line-up, app monetization strategy and growing subscriber base, GoPro (GPRO) misses fourth-quarter earnings estimates.