GoPro beat Wall Street’s forecasts on Thursday as revenue more than doubled from a year earlier, sending shares as much as 14 percent higher in after-hours trading.
However, the stock reversed course, falling some 15 percent, after the company projected a weaker-than-expected first-quarter profit and announced the unexpected departure of of one of its executives.
Read the rest of this post on the original site »
This article originally appeared on Recode.net.
