Why the GoPro Stock Price Has Further to Fall in 2016

The GoPro stock price plunged more than 20% to an all-time low of $11.26 intraday Thursday and is now down more than 80% since mid-August. And the GoPro stock price drop doesn't look like it will end anytime soon. After hours Wednesday, GoPro Inc. (Nasdaq: GPRO) provided a dismal earnings forecast and announced sharp job cuts... Tags: gopro shares , GoPro stock , GoPro stock 2016 , GoPro stock price , Gopro stock price today , GPRO 2016 , GPRO stock , GPRO stock price , Nasdaq: GPRO To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why the GoPro Stock Price Has Further to Fall in 2016 appeared first on Money Morning - We Make Investing Profitable .