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Nicholas Woodman and his team at GoPro had every reason to celebrate on their first day as a public company last week. GoPro priced its shares at $24, the high end of its proposed IPO price range, and watched as the stock ticked up by more than 30% that day. GoPro enjoyed similar gains in each of its next few days of trading.
GoPro ended the month of June up 69% from its IPO price, making it the third best performing stock of the tech companies that went public in the first half of 2014, according to data provided to Mashable by Renaissance Capital, an exchange traded fund that tracks newly public companies. Of course, it was only a public company for a few days in that cycle. Read more...
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