Why GoPro Stock Rocketed 36% Higher Today
Investors sure liked what they saw when peering through the viewfinder of (NASDAQ: GPRO) stock on Monday. Absent of any proprietary, share price-moving news, the company seemed to benefit from what appeared to be the latest meme stock rally.
With this considerable tailwind, GoPro shares closed the day almost 36% higher in price, numerous orders of magnitude better than the S 500's (SNPINDEX: ^GSPC) 0.4% drop.
GoPro is one of the latest crop of meme stocks, and as ever, that clutch of titles can rocket higher or plunge lower, depending on internet chatter.
Source Fool.com
GoPro Inc. A Stock
€1.18
-1.000%
Based on 2 Buy predictions and 3 Sell predictions the sentiment towards GoPro Inc. A is rather balanced.
On the other hand, the target price of 3 € is above the current price of 1.18 € for GoPro Inc. A, so the potential is actually 154.89%.
