GoPro to Relaunch Karma Drone in 2017

GoPro will relaunch its Karma drone after recalling the device in November.
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GoPro (GPRO) - Get Report shares soared Thursday after the company announced that it would be relaunching its Karma drone in 2017.

The $799 Karma drone will return to store shelves this year, with yesterday's announcement coming just two months after the company recalled the device because it would lose power during flight.

The company made the announcement at the 2017 Consumer Electronics Show in Las Vegas. GoPro shares were higher Thursday.