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Less than five months after its initial public offering, action camera maker GoPro (GPRO) announced a follow-on stock offering in a regulatory filing on Monday. GoPro plans to sell $100 million in new shares and allow some large shareholders in the company to unload some of their stock. Founder and CEO Nicholas Woodman is among the sellers. All told, some $800 million in GoPro stock is expected to hit the market from the actions. Investors Scalper1 News
Scalper1 News