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It's Monday, January 8th.

Welcome to Market Foolery.

I'm Chris L.

Joining me in studio today for a million dollar portfolio

Jason Moser. Happy Monday.

Howdy. Good weekend? A great weekend. A lot of indoor time as we were talking about.

It's chilly here. It is. It's about to warm up though so. Yeah, I mean warm up is like what 38 degrees. You know what? After the cold we've had that absolutely is warmer. We'll take that. We're going to dip into the full mail back. We're going to talk

retail, the holiday retail numbers are starting to come out. We've got to start though with

GoPro. Holy cow.

GoPro announced preliminary fourth quarter results

and all of them appear to be bad.

The revenue for the fourth quarter

is going to be much lighter than expected.

GoPro is shutting down its drone business. They are cutting more than 20% of

their global workforce and shares of GoPro, which were not that high to begin with, dropping

up to 30% this morning.

Yeah, and I mean, I hate to call the cutting of the workforce actually good news but honestly for a business

that is in the condition that GoPro is and that actually is good news and it's

unfortunate for people who aren't gonna you know have a job in the coming weeks

...