GoPro Rises in Late Trading on Licensing Pact With Microsoft

A GoPro Inc. HERO4 camera.

Photographer: Daniel Acker/Bloomberg
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GoPro Inc. shares got a lift in late trading after it said it signed a licensing agreement with Microsoft Corp.

Terms weren’t disclosed for the deal that involves patent sharing for file storage. The shares jumped 4.9 percent $10.45 at 4:28 p.m. in New York.