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The market for Shutterstock NASDAQ: SSTK stock is down 60% from its highs, but the bottom is finally in. The stock is among the most over-sold on Wall Street and shows signs of a budding reversal that
Shutterstock Inc (NYSE: SSTK) ended nearly 10% up on Tuesday after announcing a new six-year deal with the company behind ChatGPT. Details of the new partnership Under the expanded agreement, the New
Shutterstock today announced that it plans to expand its existing deal with OpenAI to provide the startup with training data for its AI models. Over the next six years, OpenAI will license data from S
Shutterstock shares pop as company expands partnership with OpenAI
Shutterstock (SSTK) provides indemnification to its enterprise clients for the creation of AI-generated images.
NEW YORK , July 6, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering high-quality content and full-service creative workflow solutions for transformativ
Given the riskier and more speculative nature of small-cap stocks, if you own a stock in this category, it's important to keep an eye out for signs that said name has become one of the small-cap stock
Shutterstock (SSTK) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estima
Facebook owner Meta Platforms Inc (NASDAQ:FB) has sold Giphy, the animated GIF search engine it bought for $400 million three years ago, to Shutterstock for just $53 million. The deal, which comes aft
Shutterstock is said today it's buying Gipy from Meta Platforms for $53 million in cash with the deal expected to close in June. Giphy has world's largest collection of GIFs and stickers. The U.K.
Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.
The photo repository company is paying Facebook's parent $53 million, hundreds of millions less that what Meta paid.

Meta sells Giphy at a loss to Shutterstock

11:02am, Tuesday, 23'rd May 2023
Meta is selling Giphy at a loss to Shutterstock for $53 million after buying the social media animated images company in a 2020 deal reported to be worth between $315 million and $400 million.  The
Meta acquired the popular platform in 2020 for $315 million but was ordered to divest the company by the U.K.'s competition authority.
Shares of Shutterstock Inc. SSTK, +3.55% rallied 4.4% in premarket trading Tuesday, after the digital media and marketing company announced an agreement to buy GIF and stickers company Giphy Inc. from
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