GoPro, Inc. (GPRO) stock prices updated...
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GoPro, Inc. stock price
GoPro, Inc. latest news:
GoPro shows off new Hero6, Fusion cameras
GoPro Inc. showed off two new cameras Thursday as the company approaches an important holiday season. Chief Executive Nick Woodman took the stage at an event in San Francisco and showed off a new 360-degree camera called Fusion that can record spherical video and costs $699, with shipments starting in November. Woodman also introduced the new Hero 6 camera, the latest in GoPro's core line of action cameras, and focused on the camera's ability to quickly upload footage to a smartphone. The Hero 6 is available now for $499, and can be bundled with GoPro's Karma drone for $1,199. GoPro has suffered in the last two holiday shopping seasons, after Woodman admitted to a poor pricing decision on the Hero 4 in 2015 and the company faced production issues with new products last year. GoPro stock, which topped $90 a share after its initial public offering, has dropped to lower than $10 a share at times in the past year amid the fallout from lackluster sales. Shares were down 1.4% at $11.53 as the consumer-facing product launch event ended Thursday; GoPro also planned a conference call with investors and analysts later in the day.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
GoPro shares bounce back after three-day losing streak
Shares of GoPro Inc. were soaring 6% Thursday morning, bouncing back after losing 7.5% over the past three days. That led a a week-to-date drop of 2.4%, while the S&P 500 gained less than 1%. Shares of GoPro have gained 28% in the past month, outperforming the S&P 500 , which gained 3%. GoPro's stock closed at a 10.5 month high on Sept. 15, at a price of $11.52. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Ambarella shares decline after quarterly results
Ambarella Inc.(AMBA) shares ticked lower, following an initial gain in the extended session Thursday, after the camera component maker and GoPro Inc. supplier topped Wall Street estimates for the quarter. Ambarella (AMBA) shares declined 3.3% to $52.60 following an earlier 3% gain after hours. The company reported second-quarter net income of $3.3 million, or 10 cents a share, compared to $8.6 million, or 25 cents a share, in the year-ago period.
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