GoPro's Stock Heads For Fourth-straight Gain
Shares of GoPro are rallying 1.6% in premaket trade on Black Friday, putting them on course for a fourth-straight gain. The stock has run up 12% over the past three sessions, capped by Wednesday's 5.8% rally after The Wall Street Journal reported that the wearable video camera maker was developing its own line of consumer drones. The company was not immediately available for comment. GoPro's stock closed Wednesday 16% below its Oct. 7 highest-closing price of $93.85, but is still more than double its initial-public-offering price of $24. The stock started trading on June 26.
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