Shares of GoPro Inc. GPRO, -0.83% dropped 0.83% to $4.80 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +0.76% rising 0.76% to 12,087.96 and the Dow Jones Industrial Average DJIA, +0.01% rising 0.01% to 33,485.29. This was the stock’s second consecutive day of losses. GoPro Inc. closed $4.62 below its 52-week high ($9.42), which the company achieved on May 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Avid Technology Inc. AVID, +0.79% rose 0.79% to $32.00 and Nikon Corp. ADR NINOY, -0.86% fell 0.86% to $9.76. Trading volume (1.2 M) remained 421,906 below its 50-day average volume of 1.6 M.