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GoPro Inc Makes New All-Time Low, Rebounds

By Insider Scoop
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Courtesy of Benzinga.

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GoPro Inc (NASDAQ: GPRO) shares are trading lower by $0.71 at $10 in Thursday's session. The catalyst for the decline is Q4 EPS of $0.08 on significantly lower revenues. The company also slashed FY 2016 sales guidance.

After a lower open, it immediately bottomed at $9.01 and worked its way back into the lower end of Wednesday's range, peaking at $10.20. If shares close under $10.24, it will post its all-time closing low.

Posted-In: Technicals Intraday Update Movers Trading Ideas

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