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GoPro, the Action Camera Maker, Plans 200 Layoffs
GoPro shares, which have lost about half their value this year, rose about 5 percent to $10.30 in early trading on Wednesday on the Nasdaq. The announcement, which was reiterated in a statement, marks another twist in the company's struggles since it went public in 2014. The company also said that Tony Bates, its president, would leave at the end of the year.
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