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January 13, 2016 10:06 pm GMT
GoPro’s stock dropped 23.34% to 10.87 Wednesday afternoon after the company announced its Q4 was worse than expected. The stock was already trading at an all-time low. The stock briefly jumped to 11.20 before trading was halted. The company has a market cap of about $2 billion in after-hour values. This came after the company announced it expects fourth quarter revenue will be $435… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/av8oxBXwQsM/
GoPro Stock Drops 23% After Announcing Layoffs And Disappointing Q4 Guidance
GoPro’s stock dropped 23.34% to 10.87 Wednesday afternoon after the company announced its Q4 was worse than expected. The stock was already trading at an all-time low. The stock briefly jumped to 11.20 before trading was halted. The company has a market cap of about $2 billion in after-hour values. This came after the company announced it expects fourth quarter revenue will be $435… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/av8oxBXwQsM/
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