GoPro Drone Recalled

On Tuesday, November 8, 2016 GoPro Inc. recalled its new Karma drone.  Karma suffered production delays and faulty launches as it missed deadlines on the way to customers.  Some of the drones lost power during flight, prompting GoPro’s recall.  GoPro gave no explanation for the problem.  GoPro stock declined after the recall, but the drone is a small portion of GoPro’s business.  Cameras are the bread and butter; but GoPro previously announced that it’s new camera would be delayed.  The delay may stretch into the holiday season.  Camera problems may be the big reason for GoPro’s decline, but the drone recall compounds new product woes.  Manufacturing drones is not as easy as it may seem.

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