GoPro Announces New Touch Screen Camera; Shares Spike Higher

Shares of GoPro Inc (NASDAQ: GPRO) were trading higher by more than 7 percent on Monday 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.

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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.

Shares traded recently at $58.89, up 6.2 percent. Shares ares up more than 18 percent over the last month.

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