CafePress Shares Hold Steady on First Day of Trading

CafePress shares rose three cents during the company’s market debut today, to close at $19.03 a share. Yesterday, the e-commerce company sold 4.5 million shares in its IPO at $19 each, above its expected price of $16 to $18. Earlier in the day, the stock jumped as much as 17 percent before settling back down. The company now has a market value of roughly $320 million.


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There’s a lot of attention and PR around Marissa, but their product lineup just kind of blows.

— Om Malik on Bloomberg TV, talking about Yahoo, the September issue of Vogue Magazine, and our overdependence on Google