Why Getty Images Stock Was Soaring This Week
Over the past few days, it hasn't been hard to imagine reaping gains on photography services provider Getty Images (NYSE: GETY). After all, the company's stock was a hot item on the market, thanks to a well-received deal to merge with a peer. According to data compiled by S&P Global Market Intelligence, as of late Thursday afternoon, the shares were up by more than 13% week to date.
On Tuesday, photo-sharing site operator announced its shareholders had approved -- by a large majority -- their company's pending merger with Getty Images. The vote was roughly 82% in favor of the move.
Image source: Getty Images.
Source Fool.com
Shutterstock Inc. Stock
€18.89
5.370%
Shutterstock Inc. is currently one of the favorites of our community with 7 Buy predictions and no Sell predictions.
With a target price of 44 € there is potential for a 132.99% increase which would mean more than doubling the current price of 18.89 € for Shutterstock Inc..
