GoPro sees continued existence at risk from memory price shock


The action camera pioneer GoPro finds itself in dire straits due to the sharp rise in the price of memory chips. The company from the US state of California warned investors that there were doubts about the company’s continued existence. Such a precautionary notice is a mandatory warning to investors in the event of financial difficulties. GoPro could seek additional financing or agreements with lenders to avoid insolvency, it said.



Source link