๐ธ GoPro Surges on Markiplier Stake
GoPro rose 160% in 2 days, including 80% in premarket today, after Markiplier disclosed an 8.5% stake, making him the largest shareholder. He called the stock undervalued and wants to see a turnaround.
The timing coincides with GoProโs Mission 1 Pro cinema camera hitting shelves tomorrow. Short interest at 16.5% of the float added fuel as buyers rushed in.
The fundamentals remain weak. Revenue fell 31.3% year over year last quarter, and GoPro has disclosed doubts about its ability to continue as a going concern.
โ๏ธ @venture
๐ธ GoPro Surges on Markiplier Stake GoPro rose 160% in 2 days, including 80% in premarket today, afte
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