Shares of GoPro Inc (NASDAQ:GPRO) ended Monday session in green amid volatile trading. The shares closed up +0.35 points or 2.34% at $15.31 with 35.14 million shares getting traded. Post opening the session at $15.60, the shares hit an intraday low of $15.00 and an intraday high of $16.44 and the price vacillated in this range throughout the day. The company has a market cap of $2.26 billion and the numbers of outstanding shares have been calculated to be 102.94 million shares.
GoPro Inc (GPRO) on Sept. 19, 2016 unveiled new products and services that dramatically simplify the process of capturing, editing and sharing engaging content, establishing GoPro as an end-to-end storytelling solution.
GoPro’s founder and CEO, Nicholas Woodman, introduced a new line of HERO5 cameras, cloud-based software, and drone, Karma, to international press at the base of Squaw Valley, CA, near Lake Tahoe. The event was broadcast live and can be seen HERE.
“With these new products, we’re delivering on our promise to make it easy to capture and share engaging stories,” said Woodman. “HERO5’s ability to auto-upload photos and videos to a GoPro Plus account dramatically simplifies mobile, on-the-go editing, sharing and enjoyment. This is a game-changing experience that we will continue to build upon.”
Woodman adds, “We’re stoked to launch Karma and show how much more it is than a drone. Karma packs Hollywood-caliber aerial, handheld and gear-mounted image stabilization into a backpack for $799. It’s so easy to use, a beginner can have fun straight away.”
Shares of General Motors Company (NYSE:GM) ended Monday session in green amid volatile trading. The shares closed up +0.74 points or 2.41% at $31.72 with 32.23 million shares getting traded. Post opening the session at $31.90, the shares hit an intraday low of $31.66 and an intraday high of $32.08 and the price vacillated in this range throughout the day. The company has a market cap of $49.31 billion and the numbers of outstanding shares have been calculated to be 1.56 billion shares.
General Motors Company (GM) on July 21, 2016 announced strong second-quarter net income to common stockholders of $2.9 billion, up 157 percent compared to $1.1 billion in the second quarter of 2015. Earnings per share (EPS) diluted was a strong $1.81, compared to $0.67 in the second quarter a year ago.
EPS diluted-adjusted was a record at $1.86, up 44 percent compared to $1.29 in the second quarter of 2015.
The company reported records for earnings before interest and tax (EBIT) adjusted of $3.9 billion and EBIT-adjusted margin of 9.3 percent. These compare to EBIT-adjusted of $2.9 billion and EBIT-adjusted margin of 7.5 percent in the second quarter of 2015, which included the impact of $0.3 billion restructuring costs.
“This was an outstanding quarter for GM,” said Chairman and CEO Mary Barra. “Our results were generated by strong retail sales in the U.S., record sales in China and a continued emphasis on improving the performance of our operations worldwide. We’ll continue to focus on driving profitable growth and leveraging our technical expertise to lead in the future of personal mobility.”