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Demand for GoPro (GPRO) action cameras appears to be tracking ahead of guided expectations this quarter, and the company is building inventory for a big holiday shopping season, Pacific Crest Securities said Tuesday. Pacific Crest analyst Brad Erickson said his firm’s August sales channel checks in the U.S. were positive for GoPro. “Sell-through checks are encouraging,” Erickson said. “The quarter is still tracking toward some upside.” GoPro also Scalper1 News
Scalper1 News