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Brightcove stock rises in debut on Wall Street

By D.C. Denison

 |  Globe Staff  

  February 18, 2012

Brightcove Inc., a Cambridge company known for its Internet video platform and online video tools, made an impressive debut on Wall Street yesterday as its stock rose 30 percent on he firm’s first day of trading to close at $14.30, $3.30 above its offering price. The company had priced its initial public offering of 5 million shares at $11 per share. By mid-day they were trading on the Nasdaq Global Market at $14.48, up nearly 32 percent, before floating down to $14.30 by closing time.

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