Buying GoPro At Current Valuation Is Extreme Speculation - Presented by: The Aol. On Network

The stock of GoPro is hotter than its wearable action cameras. After its IPO at $24 a share the stock shot up to $31.34. With about 123.1 million shares outstanding, this gives the company a valuation of $3.86 billion. GoPro CEO Nicholas Woodman has successfully pulled off alchemy by selling a gadget company stock as a media company to the investors. The alchemy is now worth about $3 billion out of the $3.86 billion valuation of the company.



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