Go Pro Inc. GPRO shares are trading lower by $1.35 in Thursday's session. The issue, which had been in $24.30-$26.35 over the last ten trading sessions has resolved the consolidation period to the downside.
After a slightly lower open, it found resistance ahead of Wednesday's close ($25.10), only reaching $24.90 before sellers engulfed the issue. So far, the issue has reached $23,44 and is attempting to rebound.
It has declined from $30.21 or 22 percent since it disappointing Q3 report on October 23.
Joel Elconin is the co-host of Benzinga;s #PreMarket Prep, a daily trading idea radio show.
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