SSTK has been in the news 900% more than usual
Jan 07, 2025, 5:32 PM
-16.59%
What does SSTK do
Shutterstock, headquartered in New York City, is a global creative platform with 1,274 employees and various brands, including Shutterstock, Pond5, and TurboSquid, offering diverse content types. The company went public on October 11, 2012, and provides digital assets, including images, footage, music, and 3D models.
SSTK has been in the news recently: Getty Images and Shutterstock are merging in a $3.7 billion deal, with Getty shareholders obtaining approximately 54.7% ownership of the new entity. The merger aims to strengthen their stock photo libraries in response to increasing competition from artificial intelligence.
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