GoPro stock is soaring after YouTube star Markiplier buys an 8.5% stake
GoPro stock is soaring after YouTube star Markiplier buys an 8.5% stake
The YouTube star has become GoPro’s largest individual shareholder, giving the struggling camera maker a sudden boost and drawing comparisons to GameStop’s Roaring Kitty.
[Photo: Rodin Eckenroth/Getty Images]
For most of August, shares of GoPro traded for about 60 cents as the once-lauded action-camera maker faded toward what seemed like a near-certain delisting and possible collapse. But as September kicks off, the stock is soaring, at least compared with its previous levels. Shares were up nearly 80% at one point Tuesday as investors........
