Shutterstock’s Share Price Down 30% Overnight

August 6, 2015 Marco | Editor

By Lee Torrens Shutterstock shares are trading around $35 per share this morning after closing at $50.75 last night, a drop of over 30%. They dipped to $32.61 in the first hour of trade. The company released their quarterly earnings report this morning, which was mostly positive. But news of yet another senior executive departure, this time CFO, Tim Bixby, was not so positive. Quarterly… …read more

Via: Microstock Diaries

Marco | Editor

Editor and founder of a bunch of stockphoto businesses

Is The U.S. A Democracy?
This story is not about stock photography. Lately, I have been concerned about the state of Democracy in the U.S. This story outlines some of my thoughts. It is an issue that should concern every U.S. citizen, and maybe citizens of other countries. If you have friends who might be interested in this subject, please […]
Dealing With Model Releases
It should come as no surprise that, in recent years, online waivers and release forms have grown in popularity, especially during the past year. They’ve made it much easier to collect information while maintaining pandemic-approved standards. The stock photo industry, for example, has benefitted from online photo release forms. It provides an effective and efficient way to […]
Jon Oringer’s $52 Million Hampton Home
Take a look at Jon Oringer’s $52 million home https://www.dailymail.co.uk/news/article-9562059/Billionaire-founder-Shutterstock-lists-oceanfront-Hamptons-home-52-million.html in the Hamptons on Long Island.