GoPro (GPRO) Relationship with Amazon (AMZN) 'Strong', 'Ongoing'; HERO5 Delay Related to Negotiations of UPP

October 13, 2016 12:46 PM EDT

Get daily under-the-radar research with's Stealth Growth Insider Get your 2-Wk Free Trial here.

GoPro (NASDAQ: GPRO) issued the following statement to amid earlier reports it has stopped selling its products on Amazon (NASDAQ: AMZN):

  • GoPro and Amazon have a strong and ongoing working relationship.
  • We expect HERO5 will be sold on Amazon soon – most likely by the end of this month or early November.
  • HERO5 is currently offered online and in-store with several other outlets.
  • The temporary delay in selling HERO5 on Amazon is attributable to a negotiation on our UPP.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Trader Talk

Add Your Comment