Published on 10 May 2022 on Market Watch
Shares of GoPro Inc. slid 9.79% to $6.45 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 4.29% to 11,623.25 and Dow Jones Industrial Average falling 1.99% to 32,245.70. This was the stock's third consecutive day of losses. GoPro Inc. closed $6.52 short of its 52-week high ($12.97), which the company achieved on June 14th.
The stock underperformed when compared to some of its competitors Monday, as Canon Inc. ADR rose 1.47% to $23.52 and Sony Group Corp. ADR fell 3.37% to $80.84. Trading volume (5.1 M) eclipsed its 50-day average volume of 2.3 M.