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Stock impact report

GoPro Can't Afford Another Product Flop With Fusion [The Motley Fool]

GoPro, Inc. - Class A (GPRO) 
Last gopro, inc. - class a earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.gopro.com
Company Research Source: The Motley Fool
Spherical cameras are a small market, but GoPro needs its Fusion spherical camera to hit it big. Travis Hoium ( TMFFlushDraw ) Jun 6, 2018 at 6:14PM GoPro Inc ( NASDAQ:GPRO )  was once one of the hottest IPOs on the stock market but has rapidly fallen out of favor with investors. The company has reported $570.8 million in losses over the past eight quarters on miscues like overbuilding inventory and a number of underwhelming product launches. The most disappointing of those products was the Karma drone, which was recalled only weeks after launch and completely abandoned a little over a year after hitting the market .  Given its financial struggles, GoPro can't afford any more product flops right now. It's tightened up its Hero lineup of cameras to a good, better, best strategy and a consistent, proven form factor for the cameras, which should now b Show less Read more
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