GoPro is trading at $0.77 (+6.88%) after securing $20 million in financing from entities affiliated with founder and CEO Nicholas Woodman.
- The deal, announced July 8, includes senior secured notes and warrants, which has bolstered investor confidence regarding the company's near-term liquidity.
- The stock is extending its upward momentum following a strong July 8 session where it closed at $0.73 (+4.24%).