Previous Close | 6.58 |
Open | 6.81 |
Bid | 6.65 x 3000 |
Ask | 6.77 x 4000 |
Day's Range | 6.72 - 6.91 |
52 Week Range | 5.24 - 12.14 |
Volume | |
Avg. Volume | 2,075,000 |
Market Cap | 1.051B |
Beta (5Y Monthly) | 1.16 |
PE Ratio (TTM) | 2.79 |
EPS (TTM) | 2.42 |
Earnings Date | Nov 02, 2022 - Nov 07, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 8.80 |
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It's not often those companies turn around to make a comeback, but that's certainly the move action camera company GoPro (NASDAQ: GPRO) appears to have pulled off. Several market pundits developed concerns in the years following GoPro's 2014 IPO as the company struggled to evolve beyond its one-dimensional camera hardware business, and its stock has fallen 93% from its all-time high as a result. GoPro just reported its financial results for the second quarter of 2022, and despite tough economic conditions, the company made further positive strides.
Shares of GoPro (NASDAQ: GPRO) have been battered badly on the stock market this year amid the broader sell-off, but the action camera specialist has been showing signs of life of late. GoPro has surged 20% in the last month on the back of a broader recovery in technology stocks. The stock has headed north despite the company's mixed second-quarter results that were released on Aug. 4.
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...