Stock Watch: Shares Travel North (Nasdaq: STMP) was another e-commerce IPO that closed with a healthy gain on Friday. The IPO priced at $11 and closed up 2-11/16, a gain of nearly 25 percent. The online postage company is somewhat of a question mark right now because its technology — which allows users to print electronic stamps — hasn’t been approved by the U.S. Postal Service yet. Another potential stumbling block is the lawsuit industry leader Pitney Bowes has filed against, alleging that has infringed on its patents.

These are serious concerns, of course, but has some strength on its side. Its investors include Paul Allen’s Vulcan Ventures and Intel.

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