GoPro pops on IPO that values camera maker at $3B
Camera maker GoPro Inc. priced its initial public offering at $24 per share on Thursday at the high end of its range, valuing the company at close to $3 billion.
The company's stock opened 33% higher to $31.97 on the Nasdaq on Thursday, trading under the GPRO ticker symbol.
San Mateo, Calif.-based GoPro, founded in 2004 by current CEO Nicholas Woodman, makes cameras under the Hero brand that are used by sports enthusiasts, such as skydivers, while in action. Its products are used by ...