Ron in Drums PA
Member
VistaPrint Initiates IPO (10/03/2005)
Shares of VistaPrint gained 25% Friday, after the online graphics and
printing firm launched its initial public stock offering on the Nasdaq. The company is based in Bermuda and runs its operation from a Lexington, MA facility where it employs 150 people. Another 190 employees work in Montego Bay, Jamaica, while 60 are employed in other offices.
The company's shares closed at $15.25 as of 4 p.m. Friday, up from its
$12-a-share IPO price, after hitting a high of $15.71. The company offered 5.5 million shares for sale; another 4.5 million shares were being sold by company investors and management.
Shares of VistaPrint gained 25% Friday, after the online graphics and
printing firm launched its initial public stock offering on the Nasdaq. The company is based in Bermuda and runs its operation from a Lexington, MA facility where it employs 150 people. Another 190 employees work in Montego Bay, Jamaica, while 60 are employed in other offices.
The company's shares closed at $15.25 as of 4 p.m. Friday, up from its
$12-a-share IPO price, after hitting a high of $15.71. The company offered 5.5 million shares for sale; another 4.5 million shares were being sold by company investors and management.