Updated: GoPro makes its debut on NASDAQ

GoPro, one of the biggest success stories in action sports, debuted on the NASDAQ stock exchange today under the ticker GPRO.
Published: June 25, 2014

GoPro, one of the biggest success stories in action sports, debuted on the NASDAQ stock exchange today under the ticker GPRO.

Its initial public offering was priced at $24 per share, which values the company at about $3 billion.

Founder Nick Woodman rang the opening bell at NASDAQ to celebrate the stock’s debut.

GoPro, which started in 2004, reported revenue of $985.7 million in 2013, and net income of $60.1 million.

At the end of the trading day, GoPro’s stock price rose 30% to $31.34.

 

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