GoPro prices shares at $24 for Thursday IPO
Published 12:00 am Thursday, June 26, 2014
GoPro shares at $24 for IPO
GoPro Inc. on Wednesday priced shares at $24, positioning the company to raise more money on Wall Street with its initial public offering than any other consumer electronics company in more than two decades.
GoPro’s $24 per-share pricing, the upper end of the range it offered in its IPO filing, puts GoPro’s market value just shy of $3 billion. The company is slated to begin trading today on the NASDAQ under the ticker symbol GPRO.