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GoPro Shares Are Getting Demolished

GoPro Shares Are Getting Demolished
Tech1 min read

GoPro camera

REUTERS/Mike Segar

And now back down.

GoPro shares were down more than 14% in morning trade, breaking a streak of four straight days of gains.

At one point during yesterday's session, GoPro shares traded above $48, more than double their IPO price of $24.

On Monday and Friday, the stock gained more than 10%, and on Thursday closed above $31 in its first day of trading.

GoPro's debut comes amid a huge year for IPOs, and the wearable camera company has been one of the biggest market stories over the last few days.

Here's a chart of GoPro shares as of 10:10 am EST.

GoPro July 2

Google Finance

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