GoPro regains compliance with Nasdaq minimum bid price requirements

Published 06/08/2025, 11:16
GoPro regains compliance with Nasdaq minimum bid price requirements

GoPro, Inc. (NASDAQ:GPRO) announced Tuesday that it has regained compliance with the minimum bid price requirement set by the Nasdaq Stock Market. Currently trading at $1.32, with a market capitalization of $208 million, the stock has shown significant recovery, gaining over 22% in the past six months. The company received notification from Nasdaq that its stock price has closed above $1.00 per share for at least ten consecutive trading days, meeting the exchange’s listing standard.

GoPro previously disclosed on March 25, 2025, that it had received notice from Nasdaq indicating non-compliance with the minimum bid price rule. According to Nasdaq Listing Rules, companies are required to maintain a minimum closing bid price of $1.00 per share to remain listed. While InvestingPro analysis indicates the stock is currently undervalued, the company’s overall financial health score remains weak.

The company stated that, as of Tuesday, it had satisfied Nasdaq’s requirements for continued listing. GoPro’s Class A common stock continues to trade on the NASDAQ Global Select Market under the ticker symbol GPRO.

This information is based on a press release statement included in GoPro’s recent filing with the U.S. Securities and Exchange Commission.

In other recent news, GoPro announced a new opt-in program that allows U.S. subscribers to monetize their cloud-based video content by making it available for AI model training. Subscribers participating in this program will receive 50% of the license revenue generated when their footage is used by technology companies. Additionally, an Administrative Law Judge of the International Trade Commission found that Insta360 infringed on GoPro’s camera design and video stabilization technology patents. This ruling pertains to GoPro’s HERO camera design and HyperSmooth video stabilization technology patents.

GoPro also introduced a limited edition Forest Green version of its HERO13 Black camera, aimed at outdoor enthusiasts, available globally and on GoPro’s website. The company has further strengthened its board of directors with the addition of Mike Dennison, CEO of Fox Factory Holding (NASDAQ:FOXF) Corp., and Emily Culp, a seasoned marketing executive. Dennison brings extensive experience in global manufacturing and product innovation, while Culp is expected to enhance GoPro’s growth and shareholder value with her background in scaling consumer brands. Both appointments reflect GoPro’s strategic focus on expanding its leadership and operational capabilities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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