GoPro shares slide after missing Q4 forecasts

By Toby Hill

SAN MATEO, Calif. (BRAIN) — Shares of GoPro plunged in after-hours trading Wednesday after the action camera maker reported a surprising fourth-quarter loss of $11.4 million, or 8 cents a share, compared with a year-earlier profit of $144.9 million. Wall Street analysts had expected the company to break even during the quarter.

GoPro also warned of continued weakness in the first quarter of 2016 and announced that CFO Jack Lazar is retiring in March after …read more

Via:: Bicycle Retailer and Industry News