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Here's Why GoPro Stock Got Hammered on Friday

TheMotleyFool

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Here's Why GoPro Stock Got Hammered on Friday

Shares of GoPro (NASDAQ: GPRO) got hammered on Friday, after the company reported earnings for the second quarter of 2020. Q2 revenue fell a whopping 54% year over year, and that likely caught many investors off guard. After all, the company recently issued a business update painting a much different picture.

As of 3 p.m. EDT, GoPro stock was down 13%. And it could have further to fall considering it's still beating the market in 2020.