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.
