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Stock impact report

If GoPro Is For Sale, Xiaomi May Want to Buy [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
The action-camera maker needs a hero to save it from dwindling sales. Rich Duprey ( TMFCop ) Apr 18, 2018 at 8:27PM Who would pay $1 billion for a company with no value? Discount Chinese electronics specialist Xiaomi is reportedly mulling an offer to buy action-camera maker GoPro ( NASDAQ:GPRO ) , a business that could fetch that fantastic sum, but one that drone maker DJI also supposedly thought about acquiring but decided not to, because it saw no value. According to The Information, Xiaomi is seriously considering a bid, and if you value it the same way Hewlett-Packard did when it bought struggling Palm nearly a decade ago the camera company could fetch as much as $1 billion. That might seem like a lot, but it's also a long way down from GoPro's more than $10 billion valuation at its height. Image source: GoPro. What has brought GoPro so Show less Read more
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