GoPro, Inc. gained 27 percent on its IPO debut, closing at US$31.45 after it had traded as high as US$33 during the first day of trading on the NASDDAQ exchange. The stock opened at $24.
The company manufactures and sells camera and camera accessories. It provides mountable and wearable cameras and accessories, which it refers to as capture devices. The company sells products through retailers, wholesale distributors and on the website. GoPro was founded on February 14, 2004 and is headquartered in San Mateo, CA. In 2013 revenues were just under a billion dollars with profits at $44 million.