GoPro (GPRO) stock surged 12.27% in pre-market trading on Wednesday, as retail investor favorites experience a notable rally. The action camera maker joins other heavily shorted stocks in building on recent gains, suggesting a potential short squeeze or increased retail investor interest.

According to recent market data, GoPro shares have gained about 9% over the previous two sessions, indicating growing momentum. This trend aligns with similar movements seen in other retail-favored stocks such as Beyond Meat (BYND) and Krispy Kreme (DNUT), which have also posted significant pre-market gains.

While specific news directly related to GoPro's business operations was not immediately available, the stock's movement appears to be part of a broader trend among stocks popular with retail investors. The Roundhill MEME ETF, which tracks stocks favored by retail traders, was also up 5% in early trading, further highlighting the current market sentiment towards these types of investments.

Investors should note that stocks experiencing such rapid gains can be volatile and may be subject to quick reversals. As always, it's advisable to conduct thorough research and consider one's risk tolerance before making investment decisions.