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GoPro's Problem: Mainstream > Extreme

Posted by Robinhood Snacks on Wednesday, October 9, 2019, In : 848FINACE 


GoPro unveils 2 new cameras to end its 3-year profit draught

If you land a fakie-to-fakie 720 and no one sees it... did it even happen? That's why GoPro exists. The action camera icon just unveiled 2 new models: $399 for the uncreatively named HERO8 Black and $499 for the HERO Max. Just in time for the holidays, the only gift GoPro shareholders want is a charming return to profitability.

  • Sales are down 35% from 4 years ago.
  • The stock's down 83% over that same period.

GoPro’s problem: Mainstream...


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