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GoPro Stock Drops 23% After Announcing Layoffs And Disappointing Q4 Guidance

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GoPro Stock Drops 23% After Announcing Layoffs And Disappointing Q4 Guidance

By Matt Burns

gopro-earnings

GoPro’s stock dropped 23.34% to 10.87 Wednesday afternoon after the company announced its Q4 was worse than expected. The stock was already trading at an all-time low. The stock briefly jumped to 11.20 before trading was halted. The company has a market cap of about $2 billion in after-hour values. This came after the company announced it expects fourth quarter revenue will be $435… Read More

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Source:: TechCrunch Gadgets

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