Gillian Tan, Columnist

Is GoPro Takeover Bait?

The stock's slump may put it on shopping lists this holiday season.

December 15, 2015 at 12:00 PM UTC

Gillian Tan is a senior reporter covering finance and alternative asset classes including real estate, infrastructure, private equity, private credit, venture capital and sports business. She previously wrote an opinion column for Bloomberg and was a reporter at the Wall Street Journal. She is a qualified chartered accountant.

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GoPro, the darling of the action video set, may find itself on another company's shopping list this holiday season.

Shares in the maker of mountable cameras have plummeted 73 percent this year. During intraday trading on Monday, GoPro's shares hit their lowest level since the company’s June 2014 initial public offering, thanks to a Morgan Stanley downgrade.