CafePress IPO Stock Up 9% In Market Debut

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CafePress, an e-commerce company that sells custom T-shirts, mugs and other products, saw its initial public offering shares rise in their stock market debut Thursday. CafePress (
PRSS
) shares were up 9%, near 20.70, in midday trading. The company priced its IPO at $19 a share late Wednesday, above its projected range of $16 to $18. Shares rose as high as 22.54, up 19%, early Thursday. The company raised $86 million by selling 4.5 million shares on
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