Breaking Finance News

BREAKING- Brightcove Spikes Higher (BCOV)

Shares of Brightcove (NASDAQ: BCOV) spiked 3 percent around 2:02 p.m. EDT as it presents at Pacific Crest Global Tech Leadership Forum, according to Benzinga.The $301 million company has traded 325,000 shares today versus an average of 483,000. The stock is up about 5 percent year to date and 52 percent in the past six months.

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Company Profile:

Brightcove Inc. provides cloud-based solutions for publishing and distributing professional digital media. The company offers Brightcove Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices. Its Brightcove Video Cloud platform offers various features and functionalities, such as uploading and encoding, content management, video players, multi-platform video experiences, live video streaming, distribution and syndication, social media, advertising and monetization, and integrated video analytics.

[stock-tools exchange="NASDAQ" symbol="BCOV" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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2 Comments

  1. Ed Nangle

    August 13, 2013 at 2:23 pm

    Great news on the spike after getting in front of the Pacific Crest group. BCOV is up around 8% since Jan. 1, but are still down more than 25% from a year ago. Still a while to climb back into positive territory for anyone who participated in their IPO.

    • Tim Parker

      August 13, 2013 at 2:51 pm

      Absolutely. A long way to go but those who got in at the IPO can look to Facebook for inspiration. 🙂 Thanks for the comment.