Share on StockTwits

GoPro stock surged above $30 a share in its first minutes of trading on the Nasdaq, a gain of more than 30% from its IPO price. The wearable camera maker announced late Wednesday that it had priced its initial public offering at $24 a share — the high end of its proposed price range — raising $427 million and valuing the company at just under $3 billion. The stock, which trades under the ticker GPRO, opened at $28.65 a share on Thursday.

“Lights, Camera, IPO: GoPro Goes Public” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.