CafePress (PRSS) IPO Opens Higher
Tweet Send to a FriendGet Alerts PRSS Hot Sheet
Up)
Trade PRSS Now!
The IPO for CafePress Inc. (Nasdaq: PRSS) is open for trading. Shares opened at $21.50 after pricing 4,500,000 shares of common stock at a price to the public of $19 per share, above the expected $16-$18 range.
J.P. Morgan Securities LLC and Jefferies & Company, Inc. are acting as joint book-running managers for the offering. Cowen and Company, LLC, Janney Montgomery Scott LLC and Raymond James & Associates, Inc. are acting as co-managers.
CafePress is leading e-commerce platform enabling customers worldwide to create, buy and sell a wide variety of customized and personalized products.
CafePress posted revenues of $175.5 million in 2011, up from $127.93 million in 2010 and $103.5 million in 2009. CafePress posted net income of $3.6 million in 2011, $2.72 million in 2010 and $3.33 million in 2009.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
J.P. Morgan Securities LLC and Jefferies & Company, Inc. are acting as joint book-running managers for the offering. Cowen and Company, LLC, Janney Montgomery Scott LLC and Raymond James & Associates, Inc. are acting as co-managers.
CafePress is leading e-commerce platform enabling customers worldwide to create, buy and sell a wide variety of customized and personalized products.
CafePress posted revenues of $175.5 million in 2011, up from $127.93 million in 2010 and $103.5 million in 2009. CafePress posted net income of $3.6 million in 2011, $2.72 million in 2010 and $3.33 million in 2009.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Friday's Hot IPOs Get Even Hotter (MKTO) (DATA)
- Tableau Software (DATA) IPO indicated $37-$40 after pricing at $31
- William Lyon Homes (WLH) IPO Prices at $25, Above Expected Range
Create E-mail Alert Related Categories
Hot IPOs, IPOsRelated Entities
JPMorgan, Raymond James, Jefferies & Co, Janney Montgomery Scott, Cowen & Co
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
