Shutterstock traded at $7.61 this Tuesday July 14th, decreasing $0.64 or 7.76 percent since the previous trading session. Looking back, over the last four weeks, Shutterstock lost 44.13 percent. Over the last 12 months, its price fell by 58.44 percent. Looking ahead, we forecast Shutterstock to be priced at 8.31 by the end of this quarter and at 7.80 in one year, according to Trading Economics global macro models projections and analysts expectations.
Shutterstock, Inc. is a provider of global creative platform that offers full-service solutions, content, and tools for brands, businesses, and media companies. The Company's content is distributed to customers under the Shutterstock, Bigstock, Offset and PremiumBeat brands. Its Shutterstock brand includes various content types and offerings such as image, footage, editorial, music and studios. Its Bigstock brand maintains a separate content library tailored for creators seeking to incorporate imagery into their projects. Its Offset brand provides content for high-impact use cases that require images, featuring work from top assignment photographers and illustrators from around the world. Its PremiumBeat’s library of music tracks provides producers, filmmakers, and marketers the ability to search handpicked production music from the composers. Its online platform provides a freely searchable collection of content that its users can license, download and incorporate into their work.