GoPro Inc GPRO shares are trading lower by $0.65 (5 percent) at $12.19 in Thursday's session. Investors are heading to the exits ahead of its Q3 report after the close today. Street estimates for EPS are $(0.36) on revenues of $315.99 million.
It was a rough October for the issue as it peaked at $17.68 on October 5 and ended the month at $12.78 and so far has continued in that direction.
After a lower open, it could only manage a nickel bounce to $12.60 before continuing lower. The ensuing decline has taken the issue to $12.00 and is attempting to rebound. That marks the lowest level for the issue since it bottomed on July 28 at $11.73.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
