GoPro Plummets After Recalling 2,500 of its New Karma Drones
- Very small number of devices lost power; no injuries reported
- Shares fall 10 percent after plunging 40 percent this year
GoPro Hopes Sky's the Limit for New Karma Drone
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GoPro Inc. shares tumbled as much as 10 percent after the company said it’s recalling about 2,500 of its new Karma drones, dealing another blow to already dim prospects for the holiday season.
In a “very small number of cases” GoPro drones bought since Oct. 23 lost power, the company said Tuesday in a statement. No injuries or property damage have been reported and owners can return the units for a full refund, GoPro said.