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CG Stocks Highlights – GoPro Inc (GPRO), Fibria Celulose SA (FBR)

Shares of GoPro Inc (NASDAQ:GPRO) ended Thursday session in red amid volatile trading. The shares closed down -0.34 points or -1.98% at $16.79 with 5.93 million shares getting traded. Post opening the session at $17.06, the shares hit an intraday low of $16.61 and an intraday high of $17.13 and the price vacillated in this range throughout the day. The company has a market cap of $2.37 billion and the numbers of outstanding shares have been calculated to be 102.94 million shares.

GoPro Inc (GPRO) unveiled new products and services that dramatically simplify the process of capturing, editing and sharing engaging content, establishing GoPro as an end-to-end storytelling solution.

GoPro’s founder and CEO, Nicholas Woodman, introduced a new line of HERO5 cameras, cloud-based software, and drone, Karma, to international press at the base of Squaw Valley, CA, near Lake Tahoe.  The event was broadcast live and can be seen HERE.

“With these new products, we’re delivering on our promise to make it easy to capture and share engaging stories,” said Woodman. “HERO5’s ability to auto-upload photos and videos to a GoPro Plus account dramatically simplifies mobile, on-the-go editing, sharing and enjoyment. This is a game-changing experience that we will continue to build upon.”

Woodman adds, “We’re stoked to launch Karma and show how much more it is than a drone. Karma packs Hollywood-caliber aerial, handheld and gear-mounted image stabilization into a backpack for $799. It’s so easy to use, a beginner can have fun straight away.”

Shares of Fibria Celulose SA (ADR) (NYSE:FBR) ended Thursday session in green amid volatile trading. The shares closed up +0.10 points or 1.32% at $7.30 with 906,855.00 shares getting traded. Post opening the session at $7.20, the shares hit an intraday low of $7.19 and an intraday high of $7.33 and the price vacillated in this range throughout the day. The company has a market cap of $4.12 billion and the numbers of outstanding shares have been calculated to be 553.59 million shares.

Fibria Celulose SA (ADR) (FBR) engages in the production, sale, and export of short fiber pulp. The company primarily offers bleached eucalyptus kraft pulp used in the manufacture of tissue, coated and uncoated printing and writing paper, and coated packaging boards. As of December 31, 2015, it had approximately 969 thousand hectares of forest base in the states of São Paulo, Minas Gerais, Rio de Janeiro, Mato Grosso do Sul, Bahia, Espírito Santo, and Rio Grande do Sul. The company offers its products in Europe, North America, Asia, Brazil, and internationally. It has strategic alliance with Ensyn Corporation. The company was formerly known as Votorantim Celulose e Papel S.A. and changed its name to Fibria Celulose S.A. in November 2009. Fibria Celulose S.A. was founded in 1988 and is headquartered in São Paulo, Brazil.

 

 

 

About Steve Johnson

Steve Johnson was previously writing news on part time basis with many consumer goods websites. Now Steve Johnson is writing columns with us on consumer goods. He has no match the way he presents the news on consumer goods. Customers like his news, analysis and predictions.

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