NEW YORK (AP) — Shares of Shutterstock jumped nearly 30 percent in their first hours of trading, after the Internet provider of stock photos and videos raised $76.5 million in its initial public stock offering.

The New York company, which was one of four IPOs to price on Thursday, sold 4.5 million shares for $17 each, above the expected range of $13 to $15. The pricing indicated there was already strong demand for its stock.