Published on 22 Nov 2022 on Market Watch
GoPro Inc. stock falls Monday, underperforms market
Shares of GoPro Inc. slid 1.64% to $5.39 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.09% to 11,024.51 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's second consecutive day of losses. GoPro Inc. closed $6.20 below its 52-week high ($11.59), which the company reached on December 13th.
The stock underperformed when compared to some of its competitors Monday, as Canon Inc. ADR fell 1.40% to $22.47 and Sony Group Corp. ADR fell 1.62% to $79.09. Trading volume (1.5 M) remained 395,815 below its 50-day average volume of 1.9 M.