VistaPrint Initiates IPO

-- Graphic Arts Online, 10/3/2005

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.

Talkback

We would love your feedback!

Post a comment

» VIEW ALL TALKBACK THREADS

Related Content

• Topics
• Author

Related Content

 

By This Author

There are no other articles written by this author.

Sponsored Links