Wednesday, June 11, 2014

GoPro Sets Estimated IPO Pricing Range

San Mateo-based action sports camera maker GoPro has set the initial estimated IPO pricing range for its IPO, saying it now expects its stock to price at between $21.00 and $24.00 per share. The company is selling 17.8 million shares of its stock, which will raise as much as $491.28M for the company. The company has applied to list on the NASDAQ Global Select Market as GPRO.