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1 Growth Stock Down 96% You'll Regret Not Buying on the Dip in 2024
GPROGoPro(GPRO) The Motley Fool·2024-01-11 11:18

When a stock loses more than 90% of its value, it's a clear indication that the market is concerned about structural problems with the underlying business. That has certainly been the case for GoPro (GPRO 3.79%), whose stock reached an all-time high of $93.85 in 2014 before steadily declining by 96% to just $3.18 a share today.GoPro makes industry-leading action cameras, but they are a niche product and the company has struggled to maintain consistent sales growth. Unfortunately, the company has long been a ...