Shares closed at $1.65 on Thursday as the Nasdaq rose 0.89% to 24,892.31 and the Dow gained 1.62% to 49,652.14.
GoPro also outperformed Nikon's ADR, which rose 9.63% to $11.50, while trading volume reached 11.7 million shares, well above its 50-day average of 6.9 million.
Despite the rally, GoPro remains 45.9% below its 52-week high of $3.05 reached on 23 September.
With layoffs and bearish forecasts, is GoPro's new camera strategy a real comeback or a final gamble?
As smartphone cameras dominate the mainstream, can GoPro's pivot to professional markets ensure its long-term survival?