Speed Reads

all the money

GoPro is valued at nearly $3 billion ahead of today's IPO

GoPro priced its initial public offering of stock at $24 a share, the high end of the expected range. The company, which makes wearable cameras used by sports enthusiasts, stood to make $427 million when it puts 17.8 million shares on sale Thursday. The IPO pegged the value of the company at nearly $3 billion. GoPro sold 3.8 million cameras last year and almost doubled its revenues to $986 million. Read more at The Financial Times.