GoPro points to increased costs as it reports deeper losses in financial results

Despite the ubiquity of GoPro's diminutive 'action cam' video cameras, the company has reported a loss of $19.8 million for the second quarter following an additional loss of $5.1 million from the year prior. GoPro first went public in June of this year, and while shares have dropped a whopping 11-15% following the financial results, everything is not necessarily doom and gloom for the company. Read more