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Bull Theory
@BullTheoryio
News, Research, and all other Global market stuff simplified.
加入 January 2017
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BREAKING: GoPro is up 160% in the last 2 days, including 80% today in premarket, after YouTube Markiplier disclosed an 8.5% stake, making him the largest shareholder. Fischbach called the stock undervalued and said he wants to see GoPro turn around, and the timing lines up with the company's new Mission 1 Pro cinema camera hitting shelves tomorrow. The stock also has 16.5% of its float sold short, which added fuel to the move as buyers rushed in. Despite the surge, GoPro's fundamentals remain rough. Revenue fell 31.3% year over year last quarter, and the company has disclosed doubts about its ability to continue as a going concern.
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