🟢 GoPro is trading 5.76% up in after-hours trading as investors react to Starman Optical merger agreement

GoPro is trading 5.76% up in after-hours trading at $1.47 as investors react to its September 1 merger agreement with Starman Optical.

• The $285 million transaction would provide approximately $1.14 per share, repay roughly $92 million of debt, and give Starman a 90% stake in the combined company.
• The deal represents a pivot toward AI infrastructure, defense, aerospace, and optical technology.
• Trading remains highly volatile: GoPro closed at $1.39 on September 3 after a sharp three-day rally from $0.60 to $1.69.