GoPro rallies after YouTuber Markiplier reveals 8.5% stake
BUZZ-GoPro rallies after YouTuber Markiplier reveals 8.5% stake ** Action camera maker GoPro's GPRO.O shares jump 67.8% to $1.48 premarket
** YouTube creator Markiplier (Mark Fischbach) disclosed an 8.5% stake in GoPro, becoming the company's largest individual shareholder
** He first reported the stake to regulators on August 20, before announcing it publicly
** Last month, co reported Q2 revenue fall of 31% yr/yr amid lower camera sales
** GPRO reported Q2 adj. loss of 21 cents per share, compared with analysts' expectations for a profit of 2 cents per share
** In June, GoPro's auditor raised substantial doubt about the company's ability to continue as a going concern, according to an SEC filing
** Stock set to open at its highest since May 2026, if gains hold
** As of last close, GPRO stock down 38% YTD
(Reporting by Darshan Kumar in Bengaluru)