On Thursday, Shares of Yamana Gold Inc. (USA)(NYSE: ), subtract -3.42% and closed at $3.67 in the last trading session. The last trading range of the stock ranges between $3.56 and $3.77. Yamana Gold Inc. engages in the exploration and development of precious metal properties in Brazil, Argentina, Chile, Mexico, and Canada. It explores for gold, silver, and copper. It mainly holds interests in the Chapada, El Peñón, Gualcamayo, Mercedes, Canadian Malartic, Minera Florida, and Jacobina properties. The company was formerly known as Yamana Resources Inc. and changed its name to Yamana Gold Inc. in July 2003.
GoPro Inc(NASDAQ:GPRO), dropped -1.98% and closed at $16.79 in the last trading session. The last trading range of the stock ranges between $16.61 and $17.13. The company’s Market capitalization is $2.37 Billion with the total Outstanding Shares of 102.94 million. The Shareholders Foundation, Inc. declares that a lawsuit is pending in California on behalf of certain shareholders who purchased shares of GoPro Inc (GPRO) over alleged Securities Laws Violations by GoPro Inc.
Shareholders who purchased shares of GoPro Inc (GPRO) following the Company’s June 26, 2014 initial public offering (via the Loyal 3 program) and suffered a financial loss have also certain options and should contact the Shareholders Foundation.
On January 13, 2016 a lawsuit was filed against GoPro over alleged securities laws violations. The plaintiff claims that the defendants failed to disclose that the Company was experiencing weak sales of its HERO line of cameras throughout the Class Period, that that the Company was experiencing weak HERO4 Session sales at the time the third Quarter guidance was declared, that the Company’s third quarter 2015 guidance was based on the assumption that GoPro would be able to sell a noteworthyadditional amount of HERO4 Session cameras, that the Company’s third and fourth quarter 2015 guidance was inflated and unrealistic, and that, as a result of the foregoing, Defendants’ statements about GoPro’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. On June 21 and July 28, 2016 amended complaints were filed and on September 26, 2016 the defendants filed their motion to dismiss the case.
VimpelCom Ltd (ADR)(NASDAQ:VIP), remained flat and closed at $3.44 in the last trading session. The last trading range of the stock ranges between $3.42 and $3.49. During the 52-week trading session the minimum price at which share price traded, registered at $2.71 and reached to max level of $4.51. Mikhail Fridman, the billionaire co-owner of VimpelCom Ltd, said he’s happy Telenor ASA has begun selling its stake in the wireless carrier, because competition between the two companies in some markets created an “abnormal” situation on the board.
Telenor, which began selling its 33 percent stake of VimpelCom this month, is a direct competitor in Pakistan and Bangladesh — markets that have a combined population of about 380 million, Fridman said in an interview in Kiev. VimpelCom, based in Amsterdam, operates in Russia and dozens of emerging markets, counting those two.
At VimpelCom board meetings, “half of the members would usually leave the room because they had a conflict of interest,” said Fridman, whose LetterOne Holdings SA is the leading owner in VimpelCom. “This is abnormal, it’s like PepsiCo managers would’ve been sitting on the Coca-Cola board.”source bloomberg