GoPro (NASDAQ: GPRO) reported first-quarter 2021 financial results before the regular trading hours on Thursday. The pioneer of action cameras reported Q1 revenue of $204 million, up 71% and above the Wall Street consensus. Meanwhile, the company reported a surprise profit of $0.03 per share, even as analysts were expecting a breakeven.
GPRO shares shot up over 5% immediately following the announcement. The stock has gained 27% since the beginning of this year.
Latest economic data evoked mixed sentiment this week -- the rebound in economic activity has raised inflation concerns while jobless claims declined for the sixth week in a row. The
Video game retailer GameStop Corp. (NYSE: GME), which has become the talk of the town after the unprecedented stock rally in recent weeks, reported a narrower loss for the first
The steel industry managed to shrug off the pandemic blues earlier than expected as the recovery in industrial activity pushed up demand. With the vaccination drive and the government’s aggressive