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GoPro, Ambarella shares slide as analyst sees 'action camera softness'

GoPro's stock fell 7 percent Monday after a Pacific Crest analyst said the firm's long-term growth potential was questionable because of oversupply issues.

"Checks in the U.S. indicate that GoPro days of inventory are again nearing all-time highs," with sell-through down some 40 percent domestically in the past year, the analyst said in a Sunday note to...


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