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NEW YORK (TheStreet) -- Shares of GoPro Inc (GPRO) - Get GoPro, Inc. Class A Report are declining, down 3.34% to $76.42 in early morning trading Monday, after the wearable camera company filed to sell $800 million worth of common stock for general corporate purposes and working capital.

GoPro said in an S-1 filing that it intends to expand its existing capture business with content management, editing and sharing solutions to provide increased value to customers, and introduce new revenue streams to differentiate itself from competitors.

The company also said that the international market represents a significant growth opportunity.

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GoPro, formerly Woodman Labs, develops mountable and wearable cameras as well as other hardware and software products to help consumers more easily capture, manage, and share their content.

GPRO data by YCharts

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