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Piper Jaffray Has Valuation Concerns On GoPro Inc, Says Shares Have Little Room For Additional Upside
Wednesday, October 8, 2014 - 8:35am | 259Read More...Sean Naughton of Piper Jaffray downgraded shares of GoPro Inc (NASDAQ: GPRO) to Neutral from Overweight with a $90 price target. "We remain bullish on GoPro's growth opportunity, both in the near-term and longer-term, but would wait for a more attractive entry point," Naughton...
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Dow Suffers Largest Daily Decline Since July, S&P 500 At 8-Week Lows On Global Growth Concerns
Tuesday, October 7, 2014 - 4:52pm | 2340Read More...U.S. stocks tumbled with the three major indices each shedding more than 1.5 percent as global economic growth concerns surfaced. The IMF lowered its global growth forecast for 2014 to 3.3 percent from a previous 3.4 percent. The agency also lowered its 2015 global growth projections to 3.8...
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GoPro Inc Shares Could Be On Verge Of Another Breakout
Tuesday, October 7, 2014 - 2:24pm | 353Read More...GoPro Inc (NASDAQ: GPRO) shares on Tuesday were trading above the previous high of $96.45; the stock could post a bonafide upside breakout if that level is eclipsed on a closing basis. How high can GoPro go? What The Bulls See A company that is making money, even as it is known as a...
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Unleash The Bulls: Surge In September Hiring Data Jolts Markets Higher
Friday, October 3, 2014 - 4:42pm | 1615Read More...U.S. markets rose sharply after the U.S. government reported that 248,000 jobs were created in September, bringing the unemployment rate to 5.9 percent, the lowest it has been since July 2008. In addition to the jobs report, data from the U.S. government showed the trade deficit narrowing in...
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GoPro Inc Surges On Retail Expansion News
Friday, October 3, 2014 - 10:08am | 309Read More...GoPro Inc (NASDAQ: GPRO) announced on Friday that it will triple its in-store presence with Best Buy Co Inc (NYSE: BBY). This news came on the heels of GoPro releasing its new HERO4 camera, which is expected to result in growing sales for the company. Sales begin on October 5. The in-...
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Markets Little Changed Ahead Of Friday's Jobs Report
Thursday, October 2, 2014 - 5:10pm | 2062Read More...U.S. stocks reversed early morning declines and closed the day little changed ahead of Friday's job reports data, which will be released at 8:30 A.M. The number of Americans filing claims for unemployment benefits unexpectedly fell last week by 8,000 according to data released today. Not...
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GoPro Inc Shares Fall Back To Earth: A Technical Look
Thursday, October 2, 2014 - 1:00pm | 684Read More...One of the Street's hottest IPOs of the year is under major selling pressure in Thursday's session. At the time of this writing, GoPro Inc (NASDAQ: GPRO) shares are trading lower by $10.00, or 11 percent, at $81.48. The issue debuted on June 26 at $28.65 and really never looked back....
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GoPro Inc's Place In The Sports World
Wednesday, October 1, 2014 - 12:59pm | 361Read More...GoPro Inc (NASDAQ: GPRO) devices have quickly made their way into the sports world. They're becoming a favorite for extreme sports enthusiasts, from snowboarding, to skiing, and now football. Recently, the NFL's Cincinnati Bengals became the latest team to embrace the power of the GoPro;...
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GoPro Inc Stock Finally Hits A Wall - Will It Break Through?
Tuesday, September 30, 2014 - 4:05pm | 433Read More...GoPro Inc (NASDAQ: GPRO) shares have soared from the $30 June 26 IPO to more than $96 before backing off just a bit. The stock closed at $93.22, up 2.5 percent. Color this IPO a success from a standpoint of rewarding those who bought in after the shares started trading. Some would debate,...
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Ferguson Unrest Calls Attention To The State of Police Technology
Thursday, August 21, 2014 - 1:32pm | 794Read More...There has been a dramatic increase in inquiries about officer-worn camera systems and other types of police technology. This comes as a result of the national media coverage following the killing of teenager Michael Brown by police officer Darren Wilson in Ferguson, Missouri. Digital Ally...
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Markets Gather Some Momentum As Volume Remains Light, Geopolitical Tension Improving
Thursday, August 14, 2014 - 4:37pm | 2822Read More...U.S. stocks rose to close the day with moderate gains despite a larger than expected increase in jobless claims. “The end of 2015 Q1 is still my preferred liftoff date,” St. Louis Fed President Jim Bullard told The Wall Street Journal. The end of the first quarter is ahead of the...
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Thursday's Selling Momentum Continues Into Friday
Friday, August 1, 2014 - 4:33pm | 2380Read More...U.S. stocks picked up where they left off after Thursday's sharp sell-off as positive earnings reports yet again took a backstage to geo-political uncertainties. Not helping the bull cause was nonfarm payrolls, rising by 209,000, less than the 233,000 expected. The jobless rate also ticked...
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Markets Lower As Geopolitical Uncertainty Continues
Monday, July 21, 2014 - 4:46pm | 2931Read More...U.S. stocks were lower as leaders from Britain, France, Germany and Canada have all made their respective countries position clear that Russia will face further sanctions if air investigators are not given full access to the crash site in Ukraine. Israel continued its ground offensive in the...
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Markets Mixed, NASDAQ Lower As Yellen Suggests Valuations Are Stretched
Tuesday, July 15, 2014 - 4:35pm | 2480Read More...U.S. stocks were mixed with the NASDAQ index declining after the Fed's Chief Janet Yellen suggested that some sectors are characterized by "stretched" valuations. In prepared remarks to the Senate Banking Committee, Yellen also claimed that interest rates could rise sooner and at...
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Dow Sets New Intraday High; Citigroup Impresses With Earnings
Monday, July 14, 2014 - 4:44pm | 2632Read More...U.S. stocks rose as earning season unofficially kicked off with Citigroup reporting better than expected earnings. The Dow Jones Industrial average set new intra-day records, hitting an all time high of 17,088.43 as investors appear to be comfortable with holding blue chips instead of...














