GoPro Stock Is Falling: Is the Collapsed Tech Company Finally a Buy Under $3 a Share?
GPROGoPro(GPRO) The Motley Fool·2024-02-14 22:45

The last decade has not been kind to GoPro (GPRO 0.63%) shareholders. After reaching a market capitalization of over 10billionshortlyafteritsinitialpublicoffering(IPO),GoProshareshavefallenawhopping9710 billion shortly after its initial public offering (IPO), GoPro shares have fallen a whopping 97% from all-time highs, meaning that for every 100 invested at the stock price peak, only 3remainstoday.Yet,thecompanyisstillkicking.Infact,itgenerated3 remains today. Yet, the company is still kicking. In fact, it generated 1 billion in revenue over the past 12 months. GoPro has gone from a technology favorite to a stock that has been tossed aside by m ...