|Bid||6.45 x 1400|
|Ask||6.46 x 800|
|Day's Range||6.35 - 6.57|
|52 Week Range||4.42 - 11.89|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.09|
SAN MATEO, Calif. , Sept. 18, 2018 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) today announced that it will host an audio-visual product launch webcast on Thursday, September 20 at 8 a.m. Pacific Time ( ...
Wireless and home speaker manufacturer Sonos (NASDAQ:SONO) just reported its first quarterly numbers as a public company. Sonos stock dropped. Looking at the numbers, the trends and the industry, I’m not really seeing anything I like about Sonos.
The rise and fall of Fitbit (NYSE:FIT) and GoPro (NASDAQ:GPRO) has made many investors wary of wearables stocks. Although Samsung has increasingly embraced wearables, it does not currently trade on U.S. markets. Investors wanting to profit from this growing trend should look at these four wearables stocks.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
Many investors, unless they’re venture capitalists, tend to think of startups as something that exist in a different land. While it’s fun to hear about innovation and possibilities, the average investor isn’t afforded many opportunities to put their money into a startup. For one, the next generation of startups could very well be the next generation of IPOs.
GoPro (GPRO) does its manufacturing in China. Although the company hasn’t been hit by President Donald Trump’s tariffs targeting imports from China, it’s exploring the possibility of moving its manufacturing out of China. Tariffs like the ones the Trump administration has imposed on Chinese goods have the effect of making imports from China more expensive when they arrive in the United States.
After Ambarella (NASDAQ:AMBA) posted quarterly results, the stock tanked by around $5 at the open. Despite the promise of CV, or computer vision, Ambarella is still a “show me” company. Ambarella lost $0.21 a share, or $6.9 million, compared to $0.10, or $3.3 million, in profits last year.
Austin Mittelstadt has posted photos of a store display that spills the beans on GoPro's unannounced Hero 7 action cameras. The leak shows a cam that looks similar to the Hero 6 on the surface, but promises "gimbal-like" image stabilization that's smoother than what you get with its soon-to-be-outdated precursor. GoPro is believed to be introducing the Hero 7 line sometime later in September.
GoPro’s latest action camera isn’t expected to be revealed until later this month, but we just caught a pretty good glimpse of the thing. Of course, plenty of other companies have tried their hands at competing (and often cheaper) devices, causing the company to diversify its offerings.
Ambarella's (AMBA) fiscal Q2 earnings and revenues decline year over year due to softness in the drone market. Elevated operating expenses also hurt earnings.
MARKET PULSE Ambarella Inc. (amba) shares dropped in the extended session Thursday after the camera component maker and GoPro Inc. (gpro) supplier forecast revenue well below Wall Street estimates. Ambarella shares fell 12% after hours, following a 0.
SAN MATEO, Calif., Aug. 30, 2018 /PRNewswire/ -- GoPro, Inc. (GPRO) today announced that Jim Lanzone, Chief Digital Officer of CBS Corporation and CEO of CBS Interactive, has joined GoPro's Board of Directors. "We are proud that GoPro attracts leaders like Jim Lanzone to our board," said Nicholas Woodman, GoPro's CEO and Founder. As Chief Digital Officer of CBS, Lanzone has driven CBS's digital strategy and transformation across its operating divisions, including the development of CBS' pioneering suite of digital streaming services such as CBS All Access, CBS Sports HQ and CBSN. Lanzone is also the CEO of CBS Interactive, the 7th largest Internet property in the United States.
Recent weeks brought news of a buyout agreement for Zoe's Kitchen Inc. Despite losing money in the year it went public, Zoe's launched its initial public offering (IPO) at $15 on April 10, 2014, then gapped higher on the first public trade. The stock traded mostly between $30 and $40 for the next two-and-a-half years.
When streaming device maker Roku (NASDAQ:ROKU) came public in late September 2017, Wall Street offered a nice reception. Roku stock spiked 68% on the first day of trading. Keep in mind that Roku stock has gone on to rack gains of over 300%.
Apple (AAPL) stock touched a 52-week high of $219.18 on August 20, later closing a tad lower at $215.46. The company, which has a market cap of over $1.04 trillion, has seen its stock rally more than 13.6% since it reported impressive quarterly financial results on July 31. Year-to-date, Apple stock had gained 28.8% as of August 20, while hardware stocks Nokia (NOK), GoPro (GPRO), Fitbit (FIT), and NetApp (NTAP) had returned 17.2%, -15.3%, 5.3%, and 54.66%, respectively.
Like many technology-based initial public offerings, Arlo Technologies (NYSE:ARLO) experienced tremendous enthusiasm out of the gate. An offshoot from NetGear (NASDAQ:NTGR), Arlo specializes in remote-controlled home-security cameras. On August 3, starting from an IPO price of $16, ARLO stock closed its first day at $22.10, or a 38% increase.
Smartphone companies are feeling the heat of the market slowdown. Apple sold fewer iPhones than expected in the second quarter, while Samsung’s (SSNLF) mobile operating profit fell 34% in the same period as flagship Galaxy S9 sales disappointed. At Sony (SNE), smartphone unit sales fell by almost half from a year ago in the quarter.