GoPro Entertaining Acquisition Offers...If Anyone Wants It
GoPro is trading at a dismal 6.5 percent of its $98.47 all-time high. It had dropped even more following a disappointing earnings call that announced lower-than-expected performance and upcoming layoffs, but before an unnamed source shared news with CNBC of GoPro's request to JP Morgan to help it find a buyer several months ago. With its inability to turn sales around, it's not a surprise GoPro is looking for a way out. But who would want the company? GoPro CEO Nick Woodman seems to think Facebook might.