Lights, Camera, IPO: GoPro Goes Public
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.
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