Why GoPro Jumped 11.8% Last Month
GoPro's (NASDAQ: GPRO) stock jumped 11.8% in August, according to data provided by S&P Global Market Intelligence, after the company reported a stronger second quarter than analysts had expected.
GoPro has fallen on some pretty hard times as the company has faced employee cutbacks, a botched launch of its Karma drone, and ongoing losses from sales of its action cameras. But the second quarter was a bit of a bright spot for GoPro, and investors were eager for some good news.
Image source: GoPro.
Source: Fool.com
GoPro Inc. A Stock
€1.43
-2.340%
Currently there is a rather positive sentiment for GoPro Inc. A with 4 Buy predictions and 1 Sell predictions.
Based on the current price of 1.43 € the target price of 4 € shows a potential of 180.11% for GoPro Inc. A which would more than double the current price.
