GoPro acquisition chatter boosts sagging stock

By | December 15, 2015

Scalper1 News

With GoPro (GPRO) stock down hard in recent months, chatter is growing that the action camera maker could be an acquisition target. GoPro stock rose 3.5% to close at 17.91 on the stock market today and climbed fractionally after hours, as speculation swirls about a possible buyout of the San Mateo, Calif.-based firm. However, analysts are divided over whether such a deal could happen. FBR analyst Daniel Ives started the chatter in a report Scalper1 News

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