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GPRO - GoPro Appears To Be A Value Trap
June, 01 2022 09:00 AM
GoPro Inc.
Despite the significant price drop year-to-date, GoPro’s valuation still does not appear to be attractive. Stagnating revenue over the last five-year period, together with increasing competition, make the growth potential of the firm questionable. Macroeconomic headwinds can negatively impact the firm’s financial performance in the near term. Currently, we rate GoPro’s stock as a “sell”. For further details see:
GoPro Appears To Be A Value Trap
Stock Information
Company Name:
GoPro Inc.
Stock Symbol:
GPRO
Market:
NASDAQ
Website:
gopro.com
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