Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why GoPro Stock Fell Hard Today

TheMotleyFool

0 0

Shares of GoPro (NASDAQ: GPRO) tumbled Friday after the company reported its first-quarter results. Though it beat analysts' consensus estimate for earnings and reported sales that were mostly in line with Wall Street's expectations, investors weren't thrilled with the company's second-quarter guidance.

The tech stock was down by 18.9% as of 2:39 p.m. ET.

GoPro's first-quarter revenue increased by 6% from the year-ago quarter, reaching $216.7 million. That was just slightly below analysts' consensus estimate of $217.1 million.

Source Fool.com

Like: 0

GPRO

Share