GoPro shares fall 8.97% intraday despite new 360 video editing capabilities and MAX2 360 camera launch.

Gopro, Inc. declined 8.97% in intraday trading. The company announced the public beta of the GoPro ReFrame plugin for DaVinci Resolve, adding another professional editing option to its robust software ecosystem of easy-to-use tools for viewing, editing and sharing 360 content. The plugin launches alongside the new MAX2 360 camera, which delivers True 8K 360 video resolution for industry-leading image quality up to 21% better than the competition.