That stock price bump enjoyed by GoPro didn’t last long. Shares of the high-definition camera maker are down again, part of a bigger slump dating back to last summer.
Let’s take a look at tech stocks to watch Monday:
GoPro. Shares plunged more than 15% in midday trading after Morgan Stanley downgraded the company’s stock to underweight. According to CNBC, the firm cites high inventory and slow movement into the drone market. This follows a brief surge in GoPro’s stock price off analyst comments the camera maker could become an acquisition target of Apple.
Oracle. The software giant is one of two tech companies reporting earnings this week. Second quarter results arrive after the markets close Wednesday. Analysts project Oracle will earn 60 cents a share off $9.06 billion in revenue.
BlackBerry. The smartphone maker reports third quarter earnings before the bell Friday. Analysts forecast third-quarter revenue of $487.92 million with a loss of 15 cents a share.
Apple. The tech giant reached a deal with pop star Taylor Swift to present a live performance from her 1989 World Tour exclusively on Apple Music. The concert will be available on the service December 20.
Samsung. New details emerged on the electronics giant’s next smartphone. The Wall Street Journal reports the Galaxy S7, which will be announced in March, will feature a pressure-sensitive touchscreen and high-speed charging. The company is also weighing whether to add a retina scanner.
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