Published on 6 May 2022 on Benzinga
What's Going On With GoPro Shares Today?
Shares of several companies in the broader consumer discretionary sector, including GoPro Inc (NASDAQ: GPRO), are trading lower amid overall weakness as traders continue to digest Wednesday's Fed rate hike announcement. An increase in yields has pressured technology and growth stocks.
GoPro’s first-quarter earnings report is confirmed for after the market close. According to analyst consensus estimates, GoPro is expected to report EPS of 6 cents on revenue of $217.10 million.