GoPro Poll: 76% Expect Stock To Open Under $8 Following Big Earnings Miss

, the beleaguered action-camera maker and broken-down stock, did not have a very good night. GoPro announced dismal fourth-quarter revenues and a loss per share in its Q4 earnings report released after Wednesday's market close. GoPro reported a fourth-quarter loss of $0.08 per share versus analyst consensus of $0.00. Fourth-quarter sales were sluggish, with the company recording $436 million in sales against analyst estimates of $496 million. The company expects Q1 sales of $160-$180 million versus estimates of $300 million and FY 2016 sales of $1.35-$1.5 billion vs. $1.61 billion estimates. See Also:

The stock began trading up in the after-hours session, ahead of the report, but was halted a few moments before the release. When the stock resumed trading at 5 p.m. ET, it plummeted 20 percent form its $10.71 closing price. This got Benzinga thinking: What do you think GoPro will open at Thursday morning? According to a

poll, the stock's prospects are not very good. Seventy-six percent think the stock will open at or below $8, with a hefty 49 percent of those leaning towards a $7 or lower open. The poll received 217 votes. In Thursday's pre-market action, the stock was trading down 11.7 percent at $9.45. Earlier January, Wedbush analyst