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Stock Market & Financial Investment News

News Breaks
July 15, 2014
10:08 EDTGPROGoPro gaps up at open, runs higher
The shares were last at $40.17, trading up over 9%. JMP Securities earlier initiated coverage at Outperform and put a $60 price target on the shares. At current price next resistance is at $40.74. Support is at $39.44.
News For GPRO From The Last 14 Days
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January 27, 2015
10:18 EDTGPROGoPro mentioned cautiously by Devonshire Capital
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January 23, 2015
16:32 EDTGPROOn The Fly: Closing Wrap
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12:56 EDTGPROGoPro rallies, but faces a possible challenge
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10:03 EDTGPROGoPro partners with NHL, NHLPA
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January 22, 2015
09:38 EDTGPROGoPro estimates raised at Cleveland Research
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January 20, 2015
11:00 EDTGPROGoPro slides further, levels to watch
The stock has been in a persistent downtrend since the start of the year. Today the shares are getting closer to a test of support from late summer of last year. At the current price of $46.50, next support is at $44.85 and then at $43.10. Resistance is at $48.23.
January 18, 2015
17:12 EDTGPROGoPro shares could drop further, Barron's says
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January 16, 2015
11:49 EDTGPROGoPro being sued by Contour LLC for patent infrigement, Bloomberg reports
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10:49 EDTGPROGoPro volatility elevated as shares trend lower
GoPro January weekly call option implied volatility is at 83, February is at 79, April is at 62; compared to its 26-week average of 56 according to Track Data, suggesting large near term price movement.
January 15, 2015
13:35 EDTGPRODigital Ally considers action cameras aimed at consumers, Reuters reports
Digital Ally (DGLY) is considering entering the action camera market aimed at consumers, putting it in direct competition with GoPro (GPRO), Reuters reports. CEO Stanton Ross said the company may have a model ready for a "soft launch" in Q3, but will have to do some more due diligence. Reference Link

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