GoPro trades 46% above Starman Optical's $1.14 cash offer after Markiplier discloses 8.5% stake
GoPro shares traded as much as 46% above the $1.14 per-share cash offer in its pending Starman Optical merger after YouTuber Markiplier disclosed an 8.5% stake in the company. Multiple sources report the stock added roughly $81 million in market cap on the day.
Detected & updated continuously · Source: Nebula
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@joinautopilot
Breaking: GoPro is ripping again today, now trading 46% above the $1.14 cash offer in its pending Starman Optical merger YouTuber @markiplier disclosed an 8.5% stake in GoPro $GPRO has added ~$81,180,000 in market cap today https://t.co/1M0Qbk5Iji
@Stonksyio
GoPro pumps after acquisition deal with Starman Optical https://t.co/ZQz61kHgxj
@SmallCapBob2
If the SP of $GPRO starts trading much higher than the $1.14 offer Starman Optical made there is a high probability shareholders, reject the offer Don’t underestimate @markiplier who could increase his STAKE to gain more control or solicit a bigger fish to align with him
@SmallCapBob2
If you want my honest opinion I believe the share price of #GoPro is going to rise substantially over the next while which will void the transaction with Starman optical as shareholders are highly likely to vote against the merger @markiplier $GPRO - $1.27
@SmallCapBob2
Bring on an after hours filing that proves my theory that @markiplier has backing and that he wasn’t throwing darts when he invested in $GPRO The timing of him disclosing his position has me believing Starman Optical maybe in for a bidding war $1.48
@SmallCapBob2
Over 60% of #Hertz's publicly tradable float has been shorted We could very well see a $GPRO scenario unfold here where someone who sees value in the asset takes a run at acquiring $HTZ Hertz recently secured investment-grade 'AAAsf' ratings from Fitch on senior tranches