IPO Calendar: GoPro Among Slate Of 15 IPOs This Week
Mon, Jun 23 2014 00:00:00 E 00_WEB
By BRIAN DEAGON, INVESTOR'S BUSINESS DAILY
Posted 06/23/2014 01:12 PM ET
At least 15 companies are planning their IPO debut this week, including wearable camera maker GoPro.
June could potentially have 38 initial public offerings or more, the most IPOs in one month since 32 IPOs in October 2004, according to Renaissance Capital.
GoPro (NASDAQ:GPRO) is the leading producer of wearable high-definition cameras, used mostly by outdoor enthusiasts to record their adventures. The company plans to raise $401 million by offering 17.8 million shares at a price range of 21 to 24. It's slated to begin trading Thursday with the ticker GPRO. Video compression chips made by Ambarella (NASDAQ:AMBA) are used in GoPro cameras.
