GoPro Inc (GPRO) Shares Collapse on Job Cuts, Sales Forecast

January 14, 2016

The shares of GoPro Inc (NASDAQ:GPRO) plummeted during the extended trading after the action camera maker announced its jobs cuts and preliminary financial results for the fourth quarter and fiscal 2015. The stock price of GoPro declined more than 22% to $11.36 per share around 4:47 in the afternoon in New York today, October 13. GoPro…