🔴 GoPro is trading 5.69% down in after-hours trading after $285 million Starman Optical merger announcement

GoPro is trading 5.69% down at $1.16 after the announced $285 million merger with Starman Optical.

• GoPro closed September 1, 2026, at $1.23 after a 40.38% rally.
• The transaction provides shareholders approximately $1.14 per share in cash and roughly 10% of the combined company.
• It repays approximately $92 million of GoPro debt and pivots the business toward AI infrastructure.