GoPro Announces New Touch Screen Enabled Camera, Shares Spike Higher

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Shares of
GoPro Inc
GPRO
were trading higher by more than seven percent Monday afternoon after the company
announced a new camera with touch screen features. The new camera is named the HERO+ LCD and will sell with a manufactured retail price of $299.99. GoPro announced a new touch display for easy shot framing, settings control and access to an all-new in-camera video trimming feature. Other advanced features include HiLight Tagging and in-camera video trimming with built-in Wi-Fi and Bluetooth connectivity. "HERO+ LCD illustrates that even as we push the limits of life capture with bleeding-edge devices like the HERO4 Black, we're also focused on delivering accessible, high-quality capture solutions to anyone wanting to GoPro," said Nick Woodman, founder and CEO of GoPro. The HERO+ LCD will be available for purchase at authorized retailers and online at GoPro.com as soon as June 6. International availability will begin July 12. Here is a full list of features that will be available on the new device: • Professional-quality 1080p60 video and 8MP photo capture • Touch display for convenient camera control, shot framing, and in-camera playback • Built-in WiFi and Bluetooth enables connectivity to the GoPro App and Smart Remote • HiLight Tagging lets you mark key moments while recording or during playback for quick and easy editing • In-camera video trimming allows you to create short clips for easy content sharing without a computer • Power on and record automatically with the press of a single button with QuikCapture setting • Long-lasting battery delivers approximately two hours of recording time • Integrated housing design for simplicity and ease of use • Supports microSD cards (at least Class 10 or UHS-I) up to 64GB
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