DJI Mavic

Bank of America Merrill Lynch sees the introduction of Mavic drone by DJI as having minimal impact on its fourth-quarter estimates for GoPro Inc (NASDAQ: GPRO). That said, the firm is of the view that Mavic increases risk to its 2017 estimates due to its competitive size and pricing relative to...

Shares of GoPro Inc (NASDAQ: GPRO) tumbled more than 4 percent Tuesday on concern that its yet-to-be-released drone, Karma, may not stack up compared to the competition. According to Recode, China-based DJI released a new drone Tuesday that is foldable, lightweight and can be operated with just...