Shares of GoPro Inc. GPRO, -0.39% sank 0.39% to $5.06 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +2.48% rising 2.48% to 11,717.28 and the Dow Jones Industrial Average DJIA, +1.17% rising 1.17% to 32,246.55. This was the stock’s second consecutive day of losses. GoPro Inc. closed $4.36 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 Thursday, as Avid Technology Inc. AVID, +2.16% rose 2.16% to $29.29 and Nikon Corp. ADR NINOY, +1.78% rose 1.78% to $9.73. Trading volume (1.1 M) remained 574,258 below its 50-day average volume of 1.7 M.