Tuesday, January 9, 2018

GoPro Entertaining Acquisition Offers…If Anyone Wants It

GoPro Entertaining Acquisition Offers...If Anyone Wants It

GoPro is trading at a dismal 6.5 percent of its $98.47 all-time high. It had dropped even more following a disappointing earnings call that announced lower-than-expected performance and upcoming layoffs, but before an unnamed source shared news with CNBC of GoPro’s request to JP Morgan to help it find a buyer several months ago. With its inability to turn sales around, it’s not a surprise GoPro is looking for a way out. But who would want the company? GoPro CEO Nick Woodman seems to think Facebook might.

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The following article was first seen on republished from:  https://www.proton-pack.com 

GoPro Entertaining Acquisition Offers…If Anyone Wants It was originally posted by gopro t2 blogger


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