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Benzinga
Benzinga
Business
Mohd Haider

GoPro Slides Nearly 5% In Premarket As Meme Stock Sugar Rush Fades

Action,Camera,Gopro,Hero,10,Black,On,White,Background.,Gopro

GoPro Inc. (NASDAQ:GPRO) shares dropped 6.98% in after-hours trading on Thursday, continuing a decline from recent meme stock highs as retail investor enthusiasm wanes.

What Happened: The action camera maker closed regular trading at $1.29, down 3.73% for the session. After-hours trading saw the stock fall further to $1.20, extending losses from a peak reached last month, according to data from Benzinga Pro.

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