GoPro (GPRO) Back Under Pressure

Shares of GoPro, Inc. (GPRO) are lower by more than 13% in early morning trading on Monday. The $2.28 billion market cap company today was downgraded to ‘underweight’ from ‘equal-weight’ by Morgan Stanley (MS), noting persistent high inventory issues and slower consumer opportunity in the drone segment, among other factors. The firm also cut its price […] View the full post at: GoPro (GPRO) Back Under Pressure Related posts: Citi Bows to Pressure and Doubles Down Yuan pressure ignores China’s needs, UN says China Unyielding on Yuan as U.S. Raises Pressure