Shutterstock shares plunged nearly 30% after Getty Images scrapped its $3.7 billion merger following UK regulator objections. The Competition and Markets Authority required divestment of Shutterstock’s editorial business, leading Getty to walk away. The collapse hit investor sentiment as both firms now face rising competition from AI-generated image tools.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.