GoPro Announces New Distribution Partnership With SoftBank C&S in Japan. Could This Help the Declining Stock?
The news is encouraging, but it might not sufficiently move the needle for the company.Its durable cameras might be popular with folks taking action footage, but GoPro (GPRO 0.64%) hasn't been a great success as a stock. After a sustained period of excitement following its 2014 IPO, investors have largely shunned the company.Might that change with a recent deal? The stock has been showing a few signs of life since management announced news of a distribution arrangement with one of the top conglomerates in t ...