GoPro completes its IPO, now valued at more than $3 billion

GoPro became a public company this morning, trading on the NASDAQ exchange under the ticker GPRO. 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. It has popular accounts on YouTube, Facebook, and Twitter, and recently added a dedicated channel of GoPro videos to the Microsoft Xbox and an in-flight video deal with Virgin American. The quality of smartphone cameras continues to increase, as does the durability of the devices that house them, but GoPro has one advantage its mobile competitors can't build against.

via Tech News Headlines - Yahoo News http://ift.tt/TAJBmC