The GoPro stock price has plummeted over 69% over the last 12 months.
With poor earnings in Q4 2015 and a bleak outlook for Q1 2016, growth for the former technology innovator seems to be slowing down.
By Jack Delaney, Associate Editor, Money Morning -
The GoPro stock price has plummeted over 69% over the last 12 months.
With poor earnings in Q4 2015 and a bleak outlook for Q1 2016, growth for the former technology innovator seems to be slowing down.
By Jack Delaney, Associate Editor, Money Morning -
The GoPro stock price has plummeted over 69% over the last 12 months.
With poor earnings in Q4 2015 and a bleak outlook for Q1 2016, growth for the former technology innovator seems to be slowing down.
By Diane Alter, Contributing Writer, Money Morning -
It's another terrible day for the GoPro stock price, as it's down more than 11% in intraday trading to an all-time low of $9.01.
The stock is falling after GoPro Inc. (Nasdaq: GPRO) reported a hefty loss in Q4 and low guidance for the rest of 2016.
And while those factors are sending the GoPro stock price lower today, there's an even bigger factor that will continue to pressure GPRO stock.
But first, here's a closer look at the terrible earnings figures...
By Diane Alter, Contributing Writer, Money Morning -
GoPro stock is trading just above its all-time low today (Wednesday), opening at just $10.28 per share today. That's why many investors are contemplating buying into GoPro stock now that it is trading at such a "discount."
For the answer, we turned to Money Morning Chief Investment Strategist Keith Fitz-Gerald. He's a seasoned market analyst and professional trader with more than 30 years of global experience who has been following GoPro stock closely since the IPO.
But first, here's what to expect from the GoPro earnings report...
By Diane Alter, Contributing Writer, Money Morning -
The GoPro stock price plunged more than 20% to an all-time low of $11.26 intraday Thursday and is now down more than 80% since mid-August. And the GoPro stock price drop doesn't look like it will end anytime soon.
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report -
Last Thursday, GoPro stock jumped 11.49% in a single session on rumors that Apple may buy the beleaguered tech darling, leading millions of investors to wonder if they should jump on the bandwagon, too.
In a word - nope. GoPro stock remains a risk you don't want or need in your portfolio ahead of a rate hike.
Here's what you want to buy instead...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
An analyst's suggestion that Apple buying GoPro would fit the tech giant's strategic goals sent GPRO stock soaring 11.5% Thursday (yesterday).
It's a compelling idea, as Apple Inc. (Nasdaq: AAPL) certainly can afford a $2.5 billion to $3 billion deal to acquire GoPro Inc. (Nasdaq: GPRO).
By Diane Alter, Contributing Writer, Money Morning -
The GoPro stock price climbed nearly 12% on Thursday, and that has many investors bullish on the future for GoPro Inc. (Nasdaq: GPRO) stock.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
The GoPro stock price tanked another 8% in morning trading today (Friday), and the stock has now fallen more than 66% in the last two months.
GoPro Inc. (Nasdaq: GPRO) dipped to an all-time low of $20.77 per share today. GPRO is now down 13.5% from its IPO price of $24 from June 2014.
Here's why the stock will continue to fall from here...
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report -
Conventional wisdom is that "rising water raises all boats," but that's not always the case.
Despite October's market rebound, all four of the companies I told you were ripe for failure are down double digits since I brought them to your attention as stocks to short.
And these stocks still have plenty of downside ahead. Here's how to play the situation...
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
The GoPro stock price was down another 2% in early trading this morning (Friday).
GoPro Inc. (Nasdaq: GPRO) stock has now dropped 16.7% from Wednesday's closing price after the company missed on top and bottom line estimates for Q3 earnings.
Here's just how bad GoPro earnings were...
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report -
On Tuesday, Morgan Stanley analysts cut their target price for GoPro stock. Millions of investors were surprised, and the stock got shellacked.
GoPro is a worse value trap now than ever, and any investor who gets sucked in now is playing with fire.
I know the temptation is to buy, but hold your ground. The company has always been on the "cusp of something great," and it's never delivered.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
The GoPro stock price has fallen more than 51% since mid-June. For some stocks, such a plunge is actually a flashing "Buy" signal - shares trade at a bargain, and whatever drove the stock price down stops being a bearish factor.
So this means now many investors are asking us "should I buy GoPro stock?"
For the answer, we turned to Money Morning Chief Investment Strategist Keith Fitz-Gerald. He's a 34-year seasoned market analyst and professional trader with a specialty in global markets.
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report -
GoPro Inc. (Nasdaq: GPRO) continues to defy the odds thanks to a litany of headlines and experts who just "know" the stock is going to rebound.
Call me crazy, but that's about as possible as FedEx painting its truck fleet brown. I think GoPro stock is worth $15 a share... at best.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
The GoPro Inc. (Nasdaq: GPRO) stock price was down another 8% in afternoon trading today (Monday) after a weekend edition of Barron's had a GoPro stock prediction of $25 per share.
GoPro stock is now down 48.1% since Aug. 1 and 52% in the last 12 months.
Here's why the GoPro stock price has farther to fall...
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
The GoPro earnings report for Q4 2014 was released today (Thursday) and the camera company smashed estimates.
GoPro Inc. (Nasdaq: GPRO) reported earnings per share (EPS) of $0.99 on revenue of $633.9 million. Analysts had predicted EPS of $0.70 and revenue of $580 million.
While today's earnings report certainly looks bullish at first glance, GPRO stock is not a good investment according to Money Morning's experts.