(The Verge) GoPro became a public company this morning, trading on the NASDAQ exchange under the ticker GPRO. The stock was priced near the top of its range at $24 a share and quickly rose to $30 in early trading, meaning the company is worth a little more than $3 billion.
Investors were rattled earlier by financials from GoPro, which showed that the company's first quarter revenue was down roughly 8 percent from what it took in during the same period of 2013. The company had previously shared some encouraging stats, reporting that it earned $60.6 million in profit off revenues close to $1 billion last year. But continued growth will be critical to building momentum behind the young stock.