GoPro Inc announces lowered revenue expectations and job cuts

On Thursday shares of GoPro dropped more than 15% during market hours after the company announced disappointing sales and job cuts. Fourth quarter revenue will fall roughly $75 million short of expectations according to a company statement released Wednesday. The company also said that it plans to release about 7% of its staff. GPRO stock is currently trading near its all-time low around the $12 per share level, a stark contrast to its 52-week high of $65 per share.

The following visualizations   highlight the current day and two ear performance of GoPro stock, as well as the company’s quarterly revenue projections and annual headcount and growth rate.
GPRO Stock Price – Current Day

 

Apollo Global is no longer the “king of distress”: Josh Harris

InvestingHistorically, Apollo Global has been known as the king of distressed investments for its track record of taking distressed assets and turning a profit on them. However, the pandemic has changed the firm's approach to the markets, at least temporarily. Q2 2020 hedge fund letters, conferences and more At CNBC's Institutional Investor Delivering Alpha Conference, Read More


Data curated by FindTheCompany

 

Data curated by FindTheCompany

GPRO Stock Price – 2 Years

 

Data curated by FindTheCompany

 

Data curated by FindTheCompany

GPRO  Quarterly Revenue Projections

 

Data curated by FindTheCompany

 

Data curated by FindTheCompany

GoPro Inc. (GPRO) Annual Headcount & Growth Rate

 

Data curated by FindTheCompany

 

Data curated by FindTheCompany