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GoPro, Inc. (GPRO.US) Considers Sale and Other Strategic Options; Shares Once Surge 30% After Hours
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Action camera maker GoPro, Inc. (GPRO.US) announced that it will evaluate a range of strategic options, which may include a sale of the company or a merger. Its share price once surged 30% in after-hours trading and was last up 9.09% at USD1.44. Previously, GoPro, Inc. had hired an advisory firm to seek new market opportunities for its technology in the defense and aerospace markets. The company said it has received several strategic inquiries, and the board has authorized the engagement of a financial advisor to assist with the review. GoPro, Inc.'s revenue for 1Q26 fell 26% YoY to USD99 million, while its loss widened to USD81 million from USD47 million in the same period a year earlier. (mn/u) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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