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.
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