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0 -0.00608519269776881 -0.00608519269776881 -0.00811359026369169 -0.00405679513184594 0.0304259634888437 0.0811359026369167 0.0872413793103447
Stock impact report

Why Garmin Is Thriving in Action Sports as GoPro Falters [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
Garmin serves a similar customer base to GoPro but has run its business better from the start. I think one of the strangest business dichotomies of the last five years has been the absolute failure of GoPro Inc ( NASDAQ:GPRO ) as a public company compared to the growing success of Garmin ( NASDAQ:GRMN ) . The companies should have a lot of similarities because both serve niche markets of avid athletes and provide a unique perspective on sports action that others can't match. GoPro does that with images from that capture unique action shots, while Garmin provides GPS and other real-time data to athletes on watches or handheld systems.  Heck, they almost have the same distribution model with similar-looking kiosks in retainers.  In general, niche sports like mountain biking, deepwater diving, and snowboarding are growing in popularity, so both companies should ride the wave of growth higher. Garmin has, but GoPro missed the boat and could learn a thing or two from Show less Read more
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