GoPro entering ‘period full of positive catalysts’

By | December 12, 2014

Scalper1 News

GoPro (GPRO) stock on Friday bounced back from Thursday’s steep decline after JPMorgan analyst Paul Coster raised his rating on the maker of action cameras to overweight from neutral on valuation. GoPro stock was up 3% in afternoon trading on the stock market today, near 62. On Thursday, GoPro stock sank 4.3% to 60.05, its lowest level since early September. The stock peaked at 98.47 on Oct. 7. GoPro (GPRO) component supplier Ambarella (AMBA) saw its shares down a fraction, near 47.50, in afternoon trading Friday. Ambarella makes image processors for GoPro’s Hero cameras. Scalper1 News

Scalper1 News