GoPro Claws Back Despite Market Struggles
Fellow recent IPO GoPro (NASDAQ:GPRO) reversed lower off a high but clawed back to a fractional gain in nearly triple normal trade. Copperfield Research questioned the action camera maker’s accounting practices in tweets. It’s still more than 85% extended from a 50 buy point of an IPO base it broke out past on Aug. 29. The stock is in its seventh week of the eight-week hold rule.