Everbridge Stock Jumps Over 20 Percent in Wall Street Debut

Everbridge’s first day as a publicly traded company is in the books: Wall Street investors bid up its stock by more than 20 percent.

The Burlington, MA-based company (NASDAQ: EVBG) closed at $15.25 per share. That’s 27 percent higher than the company’s initial $12 pricing last night, and it’s nearly 24 percent above the $12.30 price at the opening bell Friday morning.

Everbridge, which sells emergency communications software, is the second Boston-area tech company to go public in 2016. Acacia Communications (NASDAQ: ACIA) was the first.

Jeff Engel is a senior editor at Xconomy. Email: jengel@xconomy.com Follow @JeffEngelXcon

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