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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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik