GoPro Lower After Barron's Slam - GoPro (NASDAQ:GPRO)

GoPro Inc (NASDAQ: GPRO) shares are trading lower by $0.85 at $19.60 in Monday's session.The issue appeared to put in at least a short-term bottom last week when it reached $18.86 on Wednesday and managed to end the week at $20.45. However, a Barron's article calling for further weakness in the issue caught traders attention in today's session. After a lower open, it was unable to reclaim its closing price ($20.45), only reaching $20.24 before heading lower.At this time, it has found intra-day support ahead of its all-time low, only reaching $19.14 before rebounding into the mid $19 handle.

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Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.

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