Shares of GoPro Inc. GPRO, -11.92% tumbled 11.92% to $5.69 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -1.59% falling 1.59% to 12,006.95 and Dow Jones Industrial Average DJIA, -0.38% falling 0.38% to 33,926.01. The stock’s fall snapped a three-day winning streak. GoPro Inc. closed $3.73 short of its 52-week high ($9.42), which the company achieved on May 4th.
The stock underperformed when compared to some of its competitors Friday, as Avid Technology Inc. AVID, -0.71% fell 0.71% to $32.21 and Nikon Corp. ADR NINOY, -1.60% fell 1.60% to $9.54. Trading volume (5.7 M) eclipsed its 50-day average volume of 1.3 M.