GoPro (GPRO -2.86%) stock's reputation for volatility got further reinforcement over the past month, as shares fell roughly 25% in August. The camera maker's share price at the end of August was still roughly double its IPO price, but the stock was down roughly 24% year to date, as periods of big gains have been wiped out by even bigger dips. Yet the company has delivered a solid earnings performance and is making significant strides in areas fundamental to its long-term success.

Click through the slideshow below to learn about three ways GoPro is scoring wins on crucial fronts.

The next billion-dollar iSecret
The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here.

3 Ways GoPro Is Winning from The Motley Fool