GPRO - Why GoPro Stock Is Popping Off Today | Benzinga
GoPro Inc (NASDAQ: GPRO) shares are trading higher by 14% to $3.06 Wednesday morning after the reported better-than-expected third-quarter financial results.
What Happened?
GoPro reported third-quarter earnings of 4 cents per share, exceeding analyst estimates by 100%. However, this reflects a 78.95% decrease from last year. Quarterly sales were $294.30 million, 4.56% higher than estimates, but down 3.55% from the same period in the previous year.
GoPro had ...