GoPro Stock Has Doubled From Its IPO Price

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GoPro's stock keeps going up

GoPro hit $48 a share in early trading Tuesday, a gain of 18% on the day and double its IPO price from less than a week earlier.

See also: 15 Terrifying GoPro Videos to Make Your Heart Skip

The wearable camera maker went public on Thursday at $24 a share and ended the day up more than 30% at $31.34 a share. The company's stock has experienced double-digit percentage gains in each trading day since then

GPRO Price data by YCharts

Charlie Anderson, an analyst with Dougherty & Co., rated GoPro's stock a buy shortly before it went public, citing the value of its brand and its potential to become more of a media company Read more...

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