Why GoPro (GPRO) Stock Is Up Today

NEW YORK (TheStreet) -- GoPro (GPRO) was gaining 4.6% to $85.88 Monday after announcing three new cameras in its new HERO4 line.

The new line of sports cameras include the HERO4 Black, which is capable of shooting 4K video, and the new HERO 4 Silver with a built-in touch display. Both new cameras can shoot 12MP photos at burst speeds of 30 photos per second, and have faster Wi-Fi than previous models.

The HERO4 Black can also shoot 1080p slow-motion video at 120 frames per second, a feature which the Silver lacks.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

The new HERO Black sells for $499.99, while the HERO4 Silver costs $399.99.

GoPro also announced the new HERO, an entry-level camera that can shoot 1080p video at 30fps and 720p video at 60fps. The new HERO camera starts at $129.

GPRO Chart GPRO data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

More from Markets

Online Retailers Hit by Supreme Court Ruling Requiring Sales Tax Collection

Online Retailers Hit by Supreme Court Ruling Requiring Sales Tax Collection

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins

Stocks Tumble as Dow Heads for Eighth Straight Drop

Stocks Tumble as Dow Heads for Eighth Straight Drop

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

Video: Jim Cramer on Netflix, Disney, Intel, Micron and Goldman Sachs

Video: Jim Cramer on Netflix, Disney, Intel, Micron and Goldman Sachs