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home / news releases / GPRO - GoPro Is Reverting To Old (Bad) Ways

GPRO - GoPro Is Reverting To Old (Bad) Ways

GoPro Inc.

2024-03-06 10:00:00 ET

Summary

  • GoPro's shift away from successful strategies, such as bundling cameras with subscriptions, has hurt revenue growth and stagnated subscriber growth.
  • Its decision to focus on entry-level products raises concerns about its memory of how these strategies have already failed once.
  • Worst of all, the results are already showing this pivot to these already tried strategies is failing - again!
  • If you're long, there's a possibility for a dead cat bounce for you to exit, otherwise, don't go long now thinking you're getting value.

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For further details see:

GoPro Is Reverting To Old (Bad) Ways
Stock Information
Company Name: GoPro Inc.
Stock Symbol: GPRO
Market: NASDAQ
Website: gopro.com
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