---
title: "Why did FVRR, APP, GPRO stocks plunge to 52-week lows on Wednesday?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295746529.md"
description: "FVRR, APP, and GPRO stocks hit 52-week lows on Wednesday due to disappointing Q2 results and analyst downgrades. Fiverr (FVRR) fell after cutting full-year guidance amid AI disruption concerns. AppLovin (APP) dropped as BTIG lowered its price target, citing conservative growth outlooks. GoPro (GPRO) slumped following a 31% revenue decline in its core camera business, with Morgan Stanley reducing its price target."
datetime: "2026-08-13T05:22:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295746529.md)
  - [en](https://longbridge.com/en/news/295746529.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295746529.md)
---

# Why did FVRR, APP, GPRO stocks plunge to 52-week lows on Wednesday?

・FVRR stock closed more than 1% lower, extending losses after posting disappointing Q2 financial results last month. ・APP stock dipped more than 4% at close after BTIG lowered its price target following a meeting with the company. ・GPRO stock lost more than 7% on Wednesday, extending declines after posting weaker-than-expected Q2 results earlier th...

### Related Stocks

- [APP.US](https://longbridge.com/en/quote/APP.US.md)
- [GPRO.US](https://longbridge.com/en/quote/GPRO.US.md)
- [FVRR.US](https://longbridge.com/en/quote/FVRR.US.md)
- [APPX.US](https://longbridge.com/en/quote/APPX.US.md)

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