GoPro's stock surge spotlights a company rebuilding its foundation with new leadership, financial discipline, and a bold expansion into innovative technology.
The DORKs (DNUT, OPEN, RKLB, KSS) show how gamma squeezes can cause meme stocks to skyrocket, but also remind us of the risks involved. Play carefully.
GoPro, Inc. (NASDAQ:GPRO) stands as one of the most recognizable names in the world of portable cameras and digital storytelling. From its humble beginnings on the beaches of California to its current status as a global technology brand, GoPro’s journey has been defined by innovation, risk-taking, and the
The short-lived mania that swept up Krispy Kreme, Inc. (NASDAQ:DNUT) and GoPro, Inc. (NASDAQ:GPRO) as part of the broader meme stock phenomenon appears to have finally run its course. Once propelled by retail investors on social media platforms, both companies’ shares are settling back into more conventional trading
Shares of action camera company GoPro (NASDAQ:GPRO)
jumped 19.8% in the afternoon session after the company became one of the latest companies caught up in a "meme stock" rally.
Shares of GoPro are continuing their remarkable ascent on Wednesday. The stock is caught in a wave of renewed meme stock enthusiasm among retail investors.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the consumer electronics industry, including Peloton (NASDAQ:PTON) and its peers.
Let's have a look at what is happening on the US markets after the closing bell on Tuesday. Below you can find the top gainers and losers in today's after hours session.
Rapid spending isn’t always a sign of progress.
Some cash-burning businesses fail to convert investments into meaningful competitive advantages, leaving them vulnerable.
Shares of action camera company GoPro (NASDAQ:GPRO)
jumped 13.1% in the afternoon session as the stock continued a recent positive trend. The action camera maker's stock was on an upswing, gaining over 20% in the previous two weeks. This momentum followed a significant legal victory earlier in the month. On July 11, a U.S. International Trade Commission (ITC) judge ruled that competitor Insta360 had infringed on GoPro's patents related to its HERO camera design and HyperSmooth video stabilization technology.
Shares of action camera company GoPro (NASDAQ:GPRO)
jumped 3.2% in the afternoon session after the broader market rally after new economic data showed unexpected strength in the U.S. economy, easing investor concerns about a potential recession. Investors were encouraged by reports showing U.S. retail sales grew more than anticipated and weekly unemployment claims fell, signaling a resilient consumer and a steady job market. This environment is generally favorable for consumer discretionary companies like GoPro, as it suggests shoppers may be more willing to spend on non-essential items like action cameras.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
