Why GoPro (GPRO) Stock Is Surging Today

NEW YORK (TheStreet) --Shares of GoPro Inc. (GPRO) are jumping, up 15.90% to $47, in mid-morning trading today as the stock continues to see gains following the company's successful IPO launch last Thursday.

GoPro's IPO priced at the high end of its $21 to $24 expectations, some investors sold 17.8 million shares at $24 each, earning the company $427 million on its first day of trading, Market Watch reported.

The company makes wearable cameras for extreme sports enthusiasts to capture their exploits and then post the videos online.

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GPRO Chart GPRO data by YCharts

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