GoPro demand strong as camera maker ramps for holidays
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