29.06.2015 - Shares of GoPro may continue to decrease

The stock price of GoPro can show falling on news of the launch of sales of Xiaomi camera, which is similar in many characteristics to the GoPro Hero’s, but its cost is almost 2 times cheaper. It is possible to purchase Chinese manufacturer for 64 dollars against 130 for the American counterpart. It is worth noting that the stock GoPro lost about 45% of the value in the last 3 months, and may continue to decline by 20-25% in the near future.

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