Shutterstock Jumps in IPO

Shutterstock Inc. jumped at the open in its public-trading debut, even after shares of the digital-image company fetched a price well above the expected range.

Shares opened at $22.50 on the New York Stock Exchange Thursday, up 32 percent from its $17 offer price.

The company sold 4.5 million shares priced at $17 each in a deal that raised $76.5 million. The deal came to market with a price that topped the $13-to-$15 expected range.

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