Tag Archives: gpro

GoPro market unlikely to be cannibalized by smartphones

Action-camera maker GoPro (GPRO) got a lift Tuesday from a positive analyst report that pointed to continued growth for the company. Sterne Agee CRT analyst Rob Cihra initiated coverage of GoPro with a buy rating and price target of 45. GoPro stock was up 2%, above 30, in midday trading on the stock market today, after plunging more than 50% the past eight weeks. GoPro will see its growth slow in the fourth quarter because of difficult comparisons

GoPro adds entry-level camera, cuts price on another

GoPro (GPRO) decided to go low with its latest product moves ahead of the holiday shopping season. The San Mateo, Calif.-based company cut the price of its Hero4 Session action camera by $100, or 25%, to $299.99, and introduced a new entry-level action camera, the Hero+. The Hero+ costs $199.99 and includes built-in Wi-Fi and Bluetooth connectivity for easy sharing of photos and videos. GoPro cutting the price of its Hero4 Session is confirmation

Facebook Provides Panoramic 360-Degree View Of World

Users of Facebook (FB) will be able to watch videos with a panoramic 360-degree angle on the News Feed page or mobile devices, the social networking leader announced Wednesday. Several companies began posting 360-degree videos on Facebook, including GoPro (GPRO) and Walt Disney (DIS). The first video by action-camera maker GoPro features motorcycle racer Ronnie Renner racing across sand dunes in Idaho. GoPro recently announced a new 16-camera 360