As long as they can keep sales decent, they are still profitable even with 33 billion in debt and interest payments.
Might have been a very low offer way under current price. If someone made an offer for Gopro at $6 Nick Woodman would reject it too. Meanwhile they lost 120 million last quarter.
Because there are buyers that think 10 billion in profit this year is a good buy for a company that has a market cap of 9 billion
You must be a Newbie. Gap ups almost always fall back down to close the Gap.
Its better like today to start down a little or even and go up from there!