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Why GoPro Is Up Over 20% Today

TheMotleyFool

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Shares of outdoor action camera developer GoPro (NASDAQ: GPRO) soared more than 30% at the market open today, and have since settled in with a 20% gain, as of 1:30 p.m. EST.

Quarterly earnings matched expectations, but other metrics have investors excited for more possible good news in the future.

GoPro hasn't reported a profitable year since 2015, and continued to sustain losses in the first two quarters of 2020. But the company managed to eke out $3 million of net income in the latest quarter.

Source Fool.com

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