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Judge To GoPro: Patent Infringement Case Will Go On
Tuesday, April 26, 2016 - 5:40pm | 241According to Dow Jones reports, a federal judge has denied GoPro Inc (NASDAQ: GPRO)’s motion to dismiss a lawsuit that accuses the company of allegedly infringing a patent for cube-shaped cameras, filed by C&A Marketing (the exclusive maker of Polaroid cameras) a few months ago....
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GoPro Inc: A Broken Stock, Not A Broken Company
Wednesday, February 3, 2016 - 3:46pm | 477GoPro Inc (NASDAQ: GPRO) has been beaten down substantially over the last six months. The stock was trading in the mid $60s back in August, but has fallen nearly to single digits. With the company due to report earnings after Wednesday's close, some investors are still wondering what to do...
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Citi On GoPro: We Were Wrong, Cut Price Target From $75 To $22
Friday, December 11, 2015 - 8:33am | 349GoPro Inc (NASDAQ: GPRO) shares have plunged 70 percent year-to-date, and are trading close to the low-end of their 52-week range of $16.77 - $69.75. Citi’s Jeremy David downgraded the rating on the company from Buy to Neutral, while reducing the price target from $75 to $22. GoPro...
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One Year Ago, GoPro Traded At 4x Its Current Price; What Happened?
Friday, November 13, 2015 - 3:30pm | 771Shares of GoPro Inc (NASDAQ: GPRO) have had a very tough year. For instance, on November 18, 2014, the stock closed at $84.10. As of Friday, November 13, 2015, the shares were trading around $21.50, at roughly one quarter of the price it traded at one year ago. So, let’s take a look at the...
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GoPro Falls On Polaroid Litigation; Action-Camera Maker May Have Copied Important Design Elements
Tuesday, November 3, 2015 - 2:54pm | 339GoPro Inc (NASDAQ: GPRO) was trading down more than 2.4 percent on Tuesday, after the company that makes Polaroid devices sued the action-camera maker on Tuesday. The maker of Polaroid cameras is arguing that GoPro’s new cube-shaped camera is a rip-off of the Polaroid Cube, launched...
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Analyst Slashes GoPro Price Target In Half To $35
Wednesday, October 7, 2015 - 8:36am | 346Shares of GoPro Inc (NASDAQ: GPRO) were trading lower by 2 percent in Wednesday's pre-market session following a bearish note by James Faucette of Morgan Stanley. Faucette maintained an Equal-weight rating on GoPro with a price target slashed to $35 from a previous $62. Faucette noted...
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Oppenheimer Analysts Met With GoPro Management; Here's What Happened
Wednesday, September 16, 2015 - 3:32pm | 352Shares of GoPro Inc (NASDAQ: GPRO) touched new all-time lows of $31.32 last week. Andrew Uerkwitz of Oppenheimer met with GoPro's management team and the overall tone was "upbeat." Uerkwitz maintained a Perform rating (no assigned price target) due to his "more conservative" view of the segment...
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The HERO4 Session: GoPro's Newest, And Smallest, Camera
Monday, July 6, 2015 - 10:18am | 371Shares of GoPro Inc (NASDAQ: GPRO) were trading lower by more than 3 percent Monday despite the company's announcement of its new camera, the HERO4 Session. GoPro's newest camera combines an "ultra-compact waterproof design with easy one-button control for simple yet powerful life-capture solution...