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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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus