GoPro, Inc. closed its initial public offering of Class A common stock Tuesday after underwriters fully exercized their option to purchase 2,670,000 additional shares. In the end, GoPro sold 8,900,000 shares through the IPO, while selling stockholders sold 11,570,000 shares, including those sold upon exercise of the underwriters’ options.
The company stock closed last week at about $42, down 13 percent for the day, but still well above its IPO price of $26.
Inside Outdoor magazine and its adjacent digital properties offer outdoor marketers access to a multi-channel branding and advertising opportunity. IO was created to help outdoor retailers, vendors and other community members navigate these disruptive years of retail through original, relevant and forward-thinking business information and analysis, along with the healthiest portions of market moves and trends and the latest in new products. To our advertising partners, that translates into a large and loyal audience complemented by our uncompromising customer service.
Contact us: outdoor@bekapublishing.com
Copyright © 2024 Inside Outdoor Magazine
