Why GoPro Stock Fell Hard Today

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. 

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Source Fool.com