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GoPro is a consumer action-camera maker that has struggled with sales growth due to market saturation, competitive challenges, and the rise of mobile devices with high-quality built-in camera systems. Despite a 29% increase in share price over the last year, the stock is down 92% from its all-time high. The company's core business revolves around camera sales, but subscription services have been disappointing. GoPro has posted a net loss and operating cash flow of $12 million in Q3, facing a challenging long-term setup. The company needs to deliver new, breakthrough products to reverse its decline.
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