GoPro Unveils New Products, Including Drone

Shares of GoPro were higher Monday after unveiling three new products
Author:
Publish date:

Shares of GoPro (GPRO) - Get Report were higher Monday after unveiling three new products. The action-camera maker debuted a new drone, a new line of cameras and a cloud service. The drone was the star of the show though as it gives GoPro a chance to bolster sales growth by entering an emerging product category. The new cloud service could also be a boost for the company because it allows users to automatically upload their videos and be able to edit their footage from any device for just about $5 a month. As for the new camera, sales performance will dictate how much GoPro can continue to grow in that area.

Employees of TheStreet are restricted from trading individual securities.