Why GoPro Stock Surged Today

Image source: GoPro.

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What: Shares of action-camera maker GoPro (NASDAQ: GPRO) jumped on Monday on no apparent news. The stock was up about 9.5% at 3:45 p.m. ET after being up as much as 13.5% earlier in the day.

So what: GoPro's stock has been hit hard over the past year, down about 73% even after Monday's gain. Revenue growth has not just ground to a halt but reversed, with the company posting steep sales declines in recent quarters.


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