GoPro Inc (NASDAQ:GPRO) had an excellent day with an increase of 7.66% in its share prices closing at $78.46. However, the company is facing strong competition with Polaroid and HTC Corp (TPE:2498) releasing individual products. Polaroid is the latest competitor with “Cube” action-camera designed for kids. Against the current Hero Series from GoPro Inc (NASDAQ:GPRO),…
Alibaba Group Holding Ltd (BABA), GoPro Inc (GPRO), Mobileye NV (MBLY) Among the Top 3 IPOs in Cramer’s List
Jim Cramer has given his verdict on the top IPOs of the year including Alibaba Group Holding Ltd (NYSE:BABA), GoPro Inc (NASDAQ:GPRO), and Mobileye NV (NYSE:MBLY). Despite of its impressive takeoff, Alibaba Group Holding couldn’t impress Cramer enough and stood at number three in terms of profitability for investors. For Alibaba Group Holding Ltd (NYSE:BABA),…
GoPro Inc (GPRO) Facing Competition from HTC Corp’s Waterproof Action Camera
GoPro Inc (NASDAQ:GPRO) should prepare for stiff competition from HTC Corp (TPE:2498) after rumors came out that the latter company is working on a 16MP waterproof camera for extreme sports. GoPro Incis a reputable producer of extreme sports cameras therefore the entry of a new player in the market comes as a challenge to its…