Is GoPro Inc. Stock a Buy Under $10?
Shares of GoPro Inc. (NASDAQ: GPRO) have been through the wringer in the last few years, going from hot IPO to dropping over 90% as investors fled the stock. Along the way, the company made some bad product decisions, shed its media plans, laid off workers, and introduced new product lines with a drone and 360 camera.
GoPro's stock doesn't trade too far off its all-time low, indicating that there's still a lot of pessimism built into the stock, which may create a buying opportunity for investors.
GoPro's Hero 6. Image source: GoPro.
Source: Fool.com