GoPro is trading 51.22% up at $1.32 after announcing a $285 million merger with Starman Optical on September 1, 2026.
- The transaction would pay GoPro shareholders $1.14 per share in cash.
- It would reposition the company toward optical-photonics, artificial intelligence data centers, and defense applications.
- The company-specific catalyst outweighs broader technology-sector weakness; Reuters reported the acquisition announcement.