GoPro Craters 9.3% After Pricing Its Secondary Offering At A Discount

 GoPro fell more than 9 percent today, after it priced its secondary offering at $75 per share, a discount to its market price. The company ended regular trading today at $71.74 per share, or a several dollar negative delta to the proposed price. The company will sell 1,287,533 itself, while prior shareholders will sell 9,072,967. Underwriters of the sale may purchase 1,554,075 shares as… Read More
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