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GoPro recalls thousands of Karma drones on reports of power failure

Published Wed, Nov 9, 2016 · 09:50 PM
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New York

GOPRO Inc's holiday sales season, already projected to be disappointing, just got even bleaker.

The company said it's recalling about 2,500 of its new Karma drones bought since Oct 23 after a small number of the devices lost power during operation.

Just last week, GoPro lowered its forecast for full-year sales and missed analysts' estimates for revenue in the third quarter. Shares fell as much as 8 per cent to US$10 in extended trading…

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