NoFeign

GPRO squeeze

Long
NASDAQ:GPRO   GoPro, Inc.
Bullish GPRO. Last quarter was a step in the right direction with gross margins expanding to 39.10% (15% YoY) , EPS at 0.03 (109% YoY), and revenues to 203.68M (71% YoY). The pandemic made people miss the outdoors, and now people will want to remember their moments while outdoors and on trips. This tailwind of re-opening has not been fully priced in yet. 12.30% of the float remains short
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.