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GoPro stock crashes more than 10% after failing to meet Wall Street’s expectations

GoPro today reported its fourth-quarter and year-end earning results. And they weren’t good. The stock is currently falling like a recalled GoPro Karma drone. It’s down 10 percent in after-hours trading. The company reported $540 million in fourth-quarter revenue, with a net income loss of $.082 a share. That’s under what analysts expected. And the […]

GoPro will cut 270 more jobs

More tough news for GoPro as it pre-announced its first-quarter earnings earlier today. While the company announced that revenue for the first part of 2017 will hit toward the high end of guidance, the positivity was tempered by its plans to cut 270 more jobs. That number that comes in addition to the 100 it […]

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