GoPro Says Launch Of New Entry-level Camera Will Push From Q2 To Q3 In 2024, And New 360 Camera Will Push To Late Q4
Portfolio Pulse from Benzinga Newsdesk
GoPro announced the delay of its new entry-level camera launch from Q2 to Q3 in 2024, and its new 360 camera will now launch in late Q4 of the same year.
May 07, 2024 | 9:00 pm
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GoPro's announcement of the delay in launching its new entry-level and 360 cameras may impact investor sentiment and potentially delay revenue from these products.
The delay in product launches can lead to short-term negative sentiment among investors, as it may postpone potential revenue increases associated with these new products. This could lead to a decrease in stock price in the short term as the market adjusts to the new timeline.
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IMPORTANCE 75
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