GoPro Stock Surges on Talk Apple May Buy Company

MarketWatch: Shares of GoPro rocketed 16% on Thursday after the second analyst in three months floated GoPro as a potential acquisition target for Apple. Buying GoPro, whose stock has fallen 45% over the last few months amid record-high levels of short interest, would “make sense” for Apple, said FBR & Co. analyst Dan Ives in a note to clients, particularly as it works to build its software ecosystem amid saturation in global smartphone sales. “We believe GoPro would fit like a glove into the Apple product portfolio.”