GoPro Launches Quick-editing Trim Feature For Video Footage

GoPro Inc. released new quick-editing software on Monday as the company continues to upgrade its suite of production tools. The feature allows users to produce five-, 15- or 30-second clips from their footage, sliced out directly on the camera in playback mode, or on mobile devices through the GoPro app using a newly-added trim feature. Shares of GoPro edged up 0.1% in premarket trade. They closed down 3.3% to $46.59 in the regular session. Shares of the action-camera maker are down 16% over the last three months, versus a 6.5% decline for the broader S&P 500.