GoPro stock rises on Q3 beat

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Shares of GoPro Inc. (NASDAQ: GPRO) shot up 8% on Thursday after reporting better-than-expected
revenues and narrower losses in the third quarter.  

Revenue for the third-quarter fell 54% to $131.1 million,
hurt by production delays of its Hero8. However, this was above the street
estimate of $126.35 million.

The company also posted adjusted loss of 42 cents per share,
which was 6 cents narrower than what analysts had predicted.

The stock is almost flat since the beginning of this year.

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