GoPro is at it again.
In morning trade, shares of the wearable camera company were up more than 19% to trade above $US48 per share. GoPro shares have now more than doubled since its IPO priced at $US24.
Today’s advance marks the fourth straight day of gains following last Thursday’s public debut.
At the current stock price, GoPro’s market capitalisation is nearing $US6 billion.
2014 has been a huge year for IPOs, and GoPro’s four-day rally after its debut has certainly kept that trend in tact.
Here’s the crazy chart for GoPro as of 12:25 pm EST.