Nasdaq Sends Delisting Notice After GoPro Stock Sinks Below $1.00
GPRO is trading near its 52-week low of $0.59 (14% above the low).
Summary
GoPro received a Nasdaq delisting notice on July 21, 2026, after its stock price remained below $1.00 for 30 consecutive business days. The company has 180 days to regain compliance.
Key Events · Legal and Risk Events · GPRO
-
Nasdaq Delisting Notice Received
On July 21, 2026, GoPro received a notice from Nasdaq that its Class A common stock has closed below the $1.00 minimum bid price for 30 consecutive business days, violating Listing Rule 5450(a)(1).
-
180-Day Grace Period to Regain Compliance
GoPro has 180 calendar days, until approximately January 17, 2027, to achieve a closing bid price of at least $1.00 for 10 consecutive business days. Failure to do so may result in delisting from the Nasdaq Global Select Market.
-
No Immediate Trading Impact
The notice has no immediate effect on the listing or trading of GPRO shares, which continue to trade on Nasdaq under the symbol 'GPRO'.
-
Deepening Distress Context
This delisting notice follows a series of severe setbacks: a going concern warning, a strategic review for a potential sale, and recent dilutive financing. The stock price has eroded to $0.6713, far below the $1.00 threshold.
Analysis · GPRO · Industrial Applications And Services
Nasdaq has formally notified GoPro that its stock price fell below the $1.00 minimum bid requirement for 30 consecutive business days, triggering a delisting process. The company now has 180 calendar days to regain compliance by trading at or above $1.00 for at least 10 consecutive business days. This development arrives amid a cascade of distress signals — a going concern warning, a strategic review for a potential sale, and recent dilutive financing — and directly threatens the company's exchange listing, which could further impair liquidity and investor confidence.
At the time of this filing, GPRO was trading at $0.67 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $117.4M. The 52-week trading range was $0.59 to $3.05. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.