Shares of GoPro Inc GPRO have had a very tough year.
For instance, on November 18, 2014, the stock closed at $84.10. As
of Friday, November 13, 2015, the shares were trading around $21.50, at
roughly one quarter of the price it traded at one year ago.
So, let’s take a look at the missteps and mishaps that have led to the stock’s current valuation.
About a year ago, GoPro’s stock was trading at almost four
times its current price. Over 12 months, the shares fell from above $84
to under $22 – below its market debut at $24. So, what happened?
(more)
No comments:
Post a Comment