BUZZ-GoPro rises as it reviews strategic options, including sale

GoPro, Inc. Class A

GoPro, Inc. Class A

GPRO

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** Action camera maker GoPro's GPRO.O shares jump 20.2% to $1.60 in extended trading

** GPRO says it is reviewing a range of strategic options that could include a sale or merger

** In April, GPRO had appointed consulting firm Oliver Wyman to support its expansion into the defense and aerospace markets; it has received several unsolicited inbound strategic inquiries since

** Separately, GPRO posted Q1 revenue of $99 million, down 26% from the same period last year

** Adj. loss per share came in at 35 cents in Q1, vs a loss of 12 cents reported last year

** GPRO down 6.4% YTD



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