Stocks Mixed; GoPro’s Losses Exceed Expectations – Investor’s Business Daily

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Stocks finished mixed Thursday, with the Nasdaq recording its 10th loss in 11 days.

The Nasdaq fell 0.2% with the S&P 500 down slightly and the Dow Jones industrial average up slightly. Volume fell on both main exchanges, according to preliminary day in the stock market today.

GoPro (GPRO) was down, up, then little changed in after-market action. The one-time leader that had attracted a buzz of excitement for its wearable sports-action cameras reported losing 63 cents a share, worse than the 60 cents analysts were forecasting. But revenue beat estimates $183.5 million to $169 million.

Big data storage company Tableau Software (DATA) fell after hours. It reported breaking-even from a year earlier, while analysts were forecasting a 10-cent per-share loss. Revenue came in at $171.7 million, better than estimates of $164 million.

Herbalife (HLF), rose sharply after hours. The company reported EPS and sales that beat views and offered in-line guidance. The company also said it is in advanced talks with the Federal Trade Commission and it could settle with a $200 million payment over accusations of operating a pyramid scheme.

Investors will be closely watching the employment report that comes out before the open Friday. The Labor Department is expected to report 200,000 new nonfarm jobs in April, down from 215,000 in March. The unemployment rate is expected to drop back to 4.9%, and average hourly earnings are forecast to rise 0.3%.