Company
Shutterstock Inc
NYSE:SSTK
Shutterstock, a global technology company, has created the largest and most vibrant two-sided marketplace for creative professionals to license content - including images, videos and music - as well as innovative tools that power the creative process. The company has expanded its portfolio to include Bigstock, a value-oriented stock media agency PremiumBeat, a curated royalty-free music library; Rex Features, a premier source of editorial images for the world's media; and WebDAM, a cloud-based digital asset management platform for businesses, as well as creating Offset, a high-end image collection.
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New Jefferies internet analyst Brent Thill downgrades Twitter rating to ‘hold’ in bumper sector review
Thill, who joined Jefferies in May having previously worked for UBS, believes that Twitter's users are engaging more with its platform but that the social media company is having difficulty translating that into revenue, and finding growth.
Shutterstock fails to meet Street's expectations
The shares lost more than a tenth of their value in pre-market trading as the fourth quarter numbers disappointed
US stocks hit record highs at close as March rate hike chance rises to 50%
US stocks pinned a 12th record high close on Monday, as the Dow was sent north by energy stocks, growing expectations of a March rate hike and hopes for more details from President Donald Trump about his tax and regulation plans