InvestorsHub Logo
Followers 19
Posts 3085
Boards Moderated 0
Alias Born 06/01/2011

Re: bar1080 post# 8897

Monday, 05/22/2017 1:21:18 PM

Monday, May 22, 2017 1:21:18 PM

Post# of 10056
Thanks bar1080
"GPRO is strong today because of the loosening regulation of drones just announced."

Beside...analysts expect GoPro's sales to rise 13% this year fueled by sales of the new Hero 5 cameras, Karma drone, Karma Grip handheld stabilizer, and the upcoming Fusion 360-degree stand-alone camera. Its new "trade-up" plan, which enables users to trade in older GoPros for discounts on the new Hero 5 and Session, could also convince stubborn core users to finally upgrade. GoPro posted a steep loss last year, but the company expects to  claw back to non-GAAP profitability this year after some big cost-cutting moves .


THANKS FOR SHARING!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GPRO News