It looks like things are finally looking good for GoPro (GPRO). After some sluggish performance earlier this year, the camera company has posted some solid growth that has investors excited.
“GoPro’s stock is up 12% as of noon Eastern on Thursday. This jump was caused after the company released a statement stating that its revenue and gross margin will be at the top of its guidance range. This should put the company’s revenue close to the amount Wall Street is expecting.” Reports TechCrunch.
“GoPro’s stock responded nicely with the news, sending it soaring on the day, following positive gains the last two days. The stock is ticking towards matching its 90 day high of 10.52, which it hit on August 8.”
With this turnaround in full swing, now may be a good time to hop on the bandwagon.
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