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GoPro Shares Are Going Nuts Again

Myles UdlandJul 1, 2014, 17:52 IST

Forbes/YouTubeGoPro CEO Nick Woodman with an early prototype in 2001

GoPro is at it again.

In pre-market trading, shares of the wearable camera company were at around $44.40, up more than 9% from Monday's close. Another advance during today's trading session would mark its fourth straight day of gains following last Thursday's public debut.

GoPro gained more than 13% yesterday, gained more than 14% on Friday, and in its public debut on Thursday closed above $31 after pricing at $24.

In pre-market trading, GoPro shares changed hands at more than $43, giving the company a market capitalization of more than $5 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.