GoPro predicts revenue slump and slashes workforce; stock plunges

Camera maker GoPro Inc. is getting out of the drone business, laying off more than 20 percent of its workforce and losing two executives after predicting a sharp decline in its fourth-quarter revenue and disclosing weak holiday-season demand for its cameras. The disappointing outlook sent shares plummeting nearly 30 percent to an all-time low of $5.32… Please follow and like us:

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