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Gopro's Ipo Priced At $24 Per Share: Underwriter


Ron Burgundy
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A man demonstrates the capability run 30 GoPro cameras simultaneously at the GoPro booth on the first day of the Consumer Electronics Show in Las VegasWearable sports camera maker GoPro Inc's GPRO.O initial public offering was priced at $24 per share, an underwriter said, valuing the company at up to $2.96 billion. GoPro's IPO raised about $427.2 million, after the offering of 17.8 million class A shares was priced at the top end of the expected range of $21-$24 per share. The San Mateo, California-based company sold 8.9 million shares in the IPO, while the rest were offered by selling stockholders. Olympic gold medal winning snowboarder Shaun White and 11-time world champion surfer Kelly Slater are some of the well known names to have endorsed the company's cameras.




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