GPRO squeeze

25 May 2021

Bullish GPRO. Last quarter was a step in the right direction with gross margins expanding to 39.10% (15% YoY) , EPS at 0.03 (109% YoY), and revenues to 203.68M (71% YoY). The pandemic made people miss the outdoors, and now people will want to remember their moments while outdoors and on trips. This tailwind of re-opening has not been fully priced in yet. 12.30% of the float remains short