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Why Shutterstock (SSTK) shares are plunging today
What Happened? Shares of stock photography and footage provider Shutterstock (NYSE:SSTK) fell 24.9% in the afternoon session after the company suspended its quarterly dividend and announced its Chief ...
Getty Images officially called off its merger with Shutterstock, about a week after the deal was dealt a blow by a U.K. regulator.
Shutterstock CEO Hennessy resigns – weeks after the failure of the billion-dollar merger with . It could have been the ...
The companies first announced the deal in January 2025, calling the transaction a merger of equals that would see ...
The Board's determination reflects its ongoing review of the Company's capital-allocation priorities and its focus on deploying capital to support long-term value creation for shareholders, including ...
The photo giant chalks up the scuttling of the deal to a U.K. regulator requiring a divestiture of its rival's editorial business, a non-starter for the company.
The U.K. said, "Not so fast, mate" The deal didn't survive regulatory requirements. The British Competition and Markets Authority asked the companies to exclude Shutterstock's editorial services from ...
Shutterstock shares crash as Getty Images walks away from the merger. Here’s why the announcement is super bearish for SSTK stock.
For "CXO AI Playbook," Business Insider looks at mini case studies about AI adoption across industries, company sizes, and technology DNA. We've asked each of the featured companies to tell us about ...
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