GoPro Shares Jump 22% After Markiplier Becomes Largest Shareholder
GoPro shares rose about 22% after Bloomberg reported that Fischbach acquired an 8.5% stake. The move drove an otherwise idiosyncratic reaction for a company valued around $110 million, far below its $13 billion valuation from 12 years ago. GoPro lost $51 million last quarter and Q2 2026 revenue fell 31.3% YoY. With the stock below $1 and at risk of Nasdaq noncompliance, investors will watch whether gains persist.