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GoPro stock is down a crushing 18% to $9.85 today (Friday) on Q3 2016 earnings that have been called abysmal, horrific, and dismal.GoPro Inc. (Nasdaq: GPRO) dipped to an all-time low of $20.77 per share today. GoPro is priced so low for the following reasons: Execution, execution, execution First, a brief history. And the GoPro stock price drop doesn't look like it will end anytime soon.The GoPro stock price has plummeted over 69% over the last 12 months.It's another terrible day for the GoPro stock price, as it's down more than 11% in intraday trading to an all-time low of $9.01.Despite October's market rebound, all four of the companies I told you were ripe for failure are down double digits since I brought them to your attention as stocks to short.But don't bet on a sustainable GoPro stock rebound.For the answer, we turned to Money Morning Chief Investment Strategist Keith Fitz-Gerald. GoPro stock has lost some ground in May's trading. Shares saw substantial positive momentum in April after hitting a lifetime low in March, but the company's long-term outlook appears dim unless it can come up with new products to reinvigorate consumer demand.GoPro stock got hit hard in March's coronavirus-driven sell-off, but shares saw recovery in April thanks to momentum for the broader market.

Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.Conventional wisdom is that "rising water raises all boats," but that's not always the case.The GoPro stock price jumped more than 6% intraday (Monday) to $16.44, bringing its weekly gain to nearly 20%.It's a compelling idea, as Apple Inc. (Nasdaq: AAPL) certainly can afford a $2.5 billion to $3 billion deal to acquire GoPro Inc. (Nasdaq: GPRO).But beware of this GoPro stock price rally. None have rated the stock as Underweight. The company went public at a price of $24 per share in June 2014. This is not a good time to buy into the surging GPRO stock price.With poor earnings in Q4 2015 and a bleak outlook for Q1 2016, growth for the former technology innovator seems to be slowing down.Shares of GoPro stock now sit at a seven-month high as investors await the company's newest products.We've been bearish on the stock for more than a year and see no reason to change our stance.An analyst's suggestion that Apple buying GoPro would fit the tech giant's strategic goals sent GPRO stock soaring 11.5% Thursday (yesterday).And while those factors are sending the GoPro stock price lower today, there's an even bigger factor that will continue to pressure GPRO stock.In a word - nope. GoPro stock got hit hard in March's coronavirus-driven sell-off, but shares saw recovery in April thanks to momentum for the broader market. ET on marketresearch.biz GoPro Inc. What's Happening With GoPro Inc Stock Today? GoPro stock got hit hard in March's coronavirus-driven sell-off, but shares saw recovery in April thanks to momentum for the broader market. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.The action-camera company is valued at roughly 0.75 times the average analyst target for this year's sales.GoPro has been struggling as commodification in the action-camera space has led to declining sales and margins, and its efforts to bolster the business with an online-platform component have failed to move the needle. GoPro, Inc. (NASDAQ:GPRO) trade information.