The market thinks Google's new camera will take a bite out of GoPro, but that's due to a misunderstanding of GoPro itself. On the surface, the camera will be a competitor to GoPro this holiday season.
Shares of GoPro Inc (NASDAQ: GPRO) have dropped 8% since the close of trading on Tuesday, apparently in response to Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) new Clips camera from Google. The $249 ...
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