GoPro (GPRO) shares surged 70% as Reddit and retail investors hyped the struggling camera brand. Meme stock frenzy and short interest fueled the rally, but caution is advised. Trading at 5x early April price, the stock’s future remains uncertain amidst financial health concerns and Wall Street’s “Strong Sell” rating.
Read more at Yahoo Finance: GoPro Stock Wants to Be the Next Big Meme Investment. Why You Shouldn’t Touch GPRO with a 10-Foot Pole.