Thursday, June 26, 2014 9:46 AM EDT
GoPro's pocket-size cameras are revered by sports enthusiasts, journalists and gearheads. On Thursday, the video-camera maker will find out whether investors are just as enthusiastic about its products. GoPro begins trading as a public company on the Nasdaq after the market opens; its ticker symbol is (GOPR). GoPro has already sold 17.8 million shares to investors at $24 a piece, the high end of the expected range. That values the company at just under $3 billion. GoPro's sale raised $427 million in what could become the largest consumer electronics IPO on record. Duracell currently holds that spot with its $433 million public offering in 1991.
Here is an interesting introduction that explores all the key points you need to know.
Always remember that these are the results of our research based on the methodology that I have outlined above and in other articles previously published. This research is provided as an ...
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Always remember that these are the results of our research based on the methodology that I have outlined above and in other articles previously published. This research is provided as an educational tool and should not be construed as investment advice; rather, it is the result of our research. Please note, investments involve risk and unless otherwise stated, are not guaranteed. Past performance cannot be used as an indicator to determine future results. Strategies mentioned may not be suitable for everyone. We do not know your personal financial situation, so the information contained in this communiqué represents the opinions of Peter George Psaras, and should not be construed as personalized investment advice. Information expressed does not take into account your specific situation or objectives, and is not intended as a recommendation appropriate for you. Before acting on any information mentioned, it is recommended that you seek advice from a qualified tax or investment adviser to determine whether it is suitable for your specific situation.
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