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An update from Shutterstock ( (SSTK) ) is now available.
Shutterstock has entered into a merger agreement with Getty Images, creating a major visual content provider with a combined enterprise value of approximately $3.7 billion. This strategic merger is expected to enhance content offerings, drive innovation, and realize significant cost synergies, benefiting both customers and stockholders with improved financial performance and expanded market opportunities.
More about Shutterstock
Shutterstock, Inc. is a prominent player in the visual content industry, primarily offering stock photography, footage, and music licensing services for creative professionals and businesses worldwide.
YTD Price Performance: 3.02%
Average Trading Volume: 470,554
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.05B
Find detailed analytics on SSTK stock on TipRanks’ Stock Analysis page.
