GoPro Wipes Out As Stock Hits Record Trading Low

By | October 8, 2015

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The day after a particularly bearish price target cut left GoPro (GPRO) stock hitting an all-time low, falling as much as 7.7% Thursday and threatening to send it below its June 2014 IPO price of 24. The San Mateo, Calif.-based action-camera company closed down 5.9% at 27.60 in the stock market today. GoPro stock has tumbled 56% so far this year. Morgan Stanley analysts on Wednesday cut GoPro’s 12-month price target nearly in half — to 35 from 62 Scalper1 News

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