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Posted On: 04/28/2017 8:20:42 PM
Post# of 99202
$GPRO When is it a buy ?? $8.25
GoPro stock plummets 8% to seventh-lowest close
Website
10-Q 4/28/17
GoPro Inc. may have closed its entertainment division, botched two product launches and fired a bunch of people in the past 12 months, but some analysts are encouraging investors to hang on.
GoPro GPRO, -7.72% reported on Thursday slightly better-than-expected sales and stronger-than-expected adjusted earnings in its first positive report in several quarters. Its shares jumped nearly 4% in after-hours trading Thursday following the results.
However, those gains were completely wiped out on Friday.
GoPro stock plummeted nearly 8% on Friday, pushing it down more than 17% in the past three months and 35% in the past year. The stock has vastly underperformed the S&P 500 index SPX, -0.19% , which is up 4% in the past three months and 15% in the past year. Shares of GoPro closed down 7.7% to $8.25 on Friday, their seventh-ever lowest close.
Shares Outstanding 107.09M
Float 102.13M
% Held by Insiders 10.21%
% Held by Institutions 36.60%
Shares Short 31.05M
Short Ratio 9.33
Short % of Float 31.10%
Shares Short (prior month) 30.98M
GoPro stock plummets 8% to seventh-lowest close
Website
10-Q 4/28/17
GoPro Inc. may have closed its entertainment division, botched two product launches and fired a bunch of people in the past 12 months, but some analysts are encouraging investors to hang on.
GoPro GPRO, -7.72% reported on Thursday slightly better-than-expected sales and stronger-than-expected adjusted earnings in its first positive report in several quarters. Its shares jumped nearly 4% in after-hours trading Thursday following the results.
However, those gains were completely wiped out on Friday.
GoPro stock plummeted nearly 8% on Friday, pushing it down more than 17% in the past three months and 35% in the past year. The stock has vastly underperformed the S&P 500 index SPX, -0.19% , which is up 4% in the past three months and 15% in the past year. Shares of GoPro closed down 7.7% to $8.25 on Friday, their seventh-ever lowest close.
Shares Outstanding 107.09M
Float 102.13M
% Held by Insiders 10.21%
% Held by Institutions 36.60%
Shares Short 31.05M
Short Ratio 9.33
Short % of Float 31.10%
Shares Short (prior month) 30.98M
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