Online video hosting provider Brightcove (BCOV +4.1%) jumps on its first day of receiving...

|About: Brightcove (BCOV)|By:, SA News Editor

Online video hosting provider Brightcove (BCOV +4.1%) jumps on its first day of receiving analyst (i.e. underwriter) coverage following a strong IPO. Pac Crest's Brendan Barnicle is among the bulls, arguing Brightcove, whose services include ad monetization solutions, will benefit as web video continues increasing its share of the online advertising market.