NEW YORK ( TheStreet) -- GoPro ( GPRO) jumped after announcing plans to build a camera-equipped drone and also design a camera ball for virtual reality images. Amazon.com ( AMZN) slipped on reports the e-commerce giant is eyeing an expansion of its private label grocery offering. Twitter ( TWTR) rose on comments made by its CEO at the Re/Code conference. Google ( GOOGL) stayed flat despite a plethora of announcements at its developer Google I/0 conference.
GoPro spiked 6.6% to close at $56.81, on a day when the broader markets fell.
The high-adventure video camera maker soared after CEO Nick Woodman announced the company is planning to build the hardware to create a camera-equipped drone, or "quadcopter." The company plans to team up with other manufacturers to supply the software and cameras for the drone.
Additionally, GoPro also announced plans to develop a six-camera attachment called the Six-Camera Spherical Array that will provide a 360-degree video image. These images will be used when consumers are engaged in virtual reality simulations.
Users will combine the videos with Google's technology, according to a Reuters report. Additionally, GoPro's virtual-reality camera will work with Microsoft's (MSFT) HoldLens, headset maker Oculus Rift, smartphones and PCs.
Amazon.com fell 1.1% to finish the session at $426.57.
A report in the Wall Street Journal stated Amazon is gearing up to expand its line of private-label groceries and household items. The report noted Amazon.com has approached such large private-label food makers as TreeHouse Foods (THS), as well as other private-label food manufacturers.
Amazon.com's plans to make a bigger dent in groceries follows the move of more traditional brick-and-mortar retailers that have also been expanding into groceries over the years, including Target (TGT) and Wal-Mart Stores (WMT).