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0.000443920371783386 0.0029825899979192 -0.00603454255392937 -0.0108899216203092 -0.00448082125268771 0.00159533883609638 -0.0314906013733786 -0.013664423943955
Stock impact report

GoPro stock on track for best day in a year after results beat expectations [MarketWatch]

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: MarketWatch
GoPro stock on track for best day in a year after results beat expectations Shares of GoPro Inc. GPRO, +20.03% are up 18.6% in Friday morning trading and are on track for their biggest single-day percentage gain since this time last year. The company on Thursday afternoon posted better-than-expected financial results and management spoke of profitability goals. "Management-with three new products in tow-is close to achieving what it set out to do: a good, better, best product launch strategy + clean channel in a robust demand environment," Oppenheimer analyst Andrew Uerkwitz wrote. "If successful, profitability and sustained growth should follow." He rates the stock at perform. J.P. Morgan's Paul Coster wrote that GoPro's "path to profitability became clearer, though management must execute on a heavily skewed 4Q ramp for us to get back on board." He rates the stock at neutral with a $7 price target. Shares are down 14% over the past 12 months, while the S&P 500 SPX, +0.17% has Show less Read more
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