After weeks of making losses almost on a daily basis GoPro Inc (NASDAQ:GPRO) stock appears to have recovered. The stock declined more than 21% after China decided to devalue the yuan, but it is now up 4% today.
According to data compiled by Thomson Reuters, GoPro Inc (NASDAQ:GPRO)'s stock is covered by 14 equity analysts across the Street, with 0 analysts giving it a Sell rating, 0 a Buy rating, while 0 consider it a Hold.
GoPro Inc (NASDAQ:GPRO) is succumbing to broad-market headwinds today, down 4.6% at $54.81. In fact, the shares are in danger of closing below their 80-day moving average for the first time since late April.
GoPro (NASDAQ:GPRO) stock briefly popped following its better-than-expected second-quarter results three weeks ago. But shares of the action-camera maker have since given up those gains and -- thanks, in part, to a nearly 9% drop on no news earlier ...
Dougherty & Company published their Weekly Report Card for wearable camera maker GoPro Inc (NASDAQ:GPRO) on August 3rd, and highlighted several notable developments at the still wet-behind-the-ears action camera firm.
Investors taking positions in GoPro Inc (NASDAQ:GPRO) stock are as likely to be adrenaline junkies as its customers. The shares began the year above the $60 level, falling to as low as $38 in March, before settling in the mid-$50s now.