04.11.2015 - GoPro has lost about 50% of the capitalization for the three months and may continue to fall

Shares of the company GoPro, which makes video cameras continues to decline against the background of decreasing targets for the shares by RW Baird, who highlighted the negative impact of the lack of sales growth. Over the past three months, the company's shares lost about 50% of the value against the background of weak sales and the negative impact of lower-cost counterparts in China. We expect a further drop in prices of 15-20% in the medium term.

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