Shutterstock Inc. logo

Shutterstock Inc. (SSTK)

Market Open
15 Jul, 16:49
NYSE NYSE
$
18. 59
-0.25
-1.33%
$
686.04M Market Cap
14.19 P/E Ratio
1.2% Div Yield
19,164 Volume
4.33 Eps
$ 18.84
Previous Close
Day Range
18.59 19.02
Year Range
14.35 46.1
Want to track SSTK and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
Earnings results expected in 14 days
Getty, Shutterstock tie-up gets broker backing despite uncertainties

Getty, Shutterstock tie-up gets broker backing despite uncertainties

Getty Images' US$3.7 billion tie-up with Shutterstock Inc (NYSE:SSTK) has fetched backing from Wedbush analysts, despite uncertainties around how much the former will pay. Wedbush reiterated an ‘outperform' rating and US$7.70 share price target for Getty in a note following Tuesday's news of the merger.

Proactiveinvestors | 6 months ago
Getty Images, Shutterstock to Combine in $3.7 Billion Deal

Getty Images, Shutterstock to Combine in $3.7 Billion Deal

Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.

Wsj | 6 months ago
Seattle's Getty Images will buy Shutterstock, creating company worth $3.7B

Seattle's Getty Images will buy Shutterstock, creating company worth $3.7B

Seattle's Getty Images is acquiring Shutterstock to create a business worth approximately $3.

Geekwire | 6 months ago
Truist sees Shutterstock-Getty merger as a positive for combined entity

Truist sees Shutterstock-Getty merger as a positive for combined entity

Truist reiterated a Buy rating on Shutterstock (SSTK) after the announced merger with Getty Images (GETY). The firm believes the merger, once finalized, will bolster the combined company's competitive positioning amid growing AI-based competition, giving it more pricing power, a richer library of content for enterprise customers and for genAI platforms to train their models on. Furthermore, the combination provides contributors substantially greater opportunities across products and content types to reach over 1.4M pro-forma annual subscribers and customers in over 200 countries, the analyst tells investors in a research note. The firm sees the merger as a positive for the combined entity and in the best interest of Shutterstock shareholders longer-term. Shutterstock + Getty Images +0.625 (+24.37%)

Thefly | 6 months ago
Getty Images, Shutterstock shares surge on $3.7B merger

Getty Images, Shutterstock shares surge on $3.7B merger

Getty Images (NYSE:GETY) and Shutterstock Inc (NYSE:SSTK) have announced they have entered into a merger agreement to create a single visual content company valued at $3.7 billion. The combined company will be named Getty Images Holdings and will continue to trade on the New York Stock Exchange under the ticker symbol “GETY.

Proactiveinvestors | 6 months ago
Getty Images buying Shutterstock to create a $3.7 billion visual content company

Getty Images buying Shutterstock to create a $3.7 billion visual content company

Getty Images is buying Shutterstock to create a $3.7 billion visual content company.

Techxplore | 6 months ago
Getty Images To Merge With Shutterstock For 3 Big Reasons; Adobe Dips

Getty Images To Merge With Shutterstock For 3 Big Reasons; Adobe Dips

Getty Images and Shutterstock agreed to a merger, creating a more formidable competitor for Adobe as generative AI shifts the landscape. The post Getty Images To Merge With Shutterstock For 3 Big Reasons; Adobe Dips appeared first on Investor's Business Daily.

Investors | 6 months ago
Getty Images, Shutterstock agree to merge in $3.7B deal as AI competition heats up

Getty Images, Shutterstock agree to merge in $3.7B deal as AI competition heats up

News of the merger sent Getty stock surging by nearly 60% in pre-market trading on Tuesday. The stock was selling at $2.57 a share on Monday.

Nypost | 6 months ago
Getty Images and Shutterstock to merge to form $3.7 billion stock photo giant

Getty Images and Shutterstock to merge to form $3.7 billion stock photo giant

Getty Images has announced plans to merge with its rival Shutterstock in a cash-and-stock deal. The combined entity is expected to be valued at $3.7 billion based on yesterday's closing share prices.

Techcrunch | 6 months ago
Getty Images Stock Rises 83% on Plans to Merge With Shutterstock

Getty Images Stock Rises 83% on Plans to Merge With Shutterstock

Getty Images will merge with rival stock photography service Shuttershock in $3.7 billion deal.

Barrons | 6 months ago
Getty's stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal

Getty's stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal

The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.

Marketwatch | 6 months ago
Getty Images explores merger with Shutterstock, Bloomberg News reports

Getty Images explores merger with Shutterstock, Bloomberg News reports

Getty Images Holdings is exploring a merger with its rival Shutterstock , Bloomberg News reported on Friday, citing people familiar with the matter.

Reuters | 6 months ago
Loading...
Load More