$SSTK

Getty Images filed for Chapter 11 bankruptcy on 21 October, citing competition from AI and the collapse of its merger with Shutterstock. The restructuring, expected to conclude by late 2026, includes $533M in equity commitments and $143M in financing from Koch affiliates. Getty's assets and liabilities are estimated between $1B and $10B. The company will continue operations and payments to contributors during the process.

Getty Images plans a prepackaged Chapter 11 filing to go private, with stakeholders eliminating $270M in debt. The Getty family and Koch Equity will invest up to $533M for full ownership by 2026. The move follows a 99% valuation drop since 2022, failed merger with Shutterstock, and AI competition.

Shutterstock has appointed three new board members: Timothy Adams, a financial executive with experience in public companies; Matthew Salzberg, a founder and investor with a background in scaling tech businesses; and Michael Thompson, a managing partner focused on technology investments. The company aims to strengthen its board and create long-term value for shareholders.

Shutterstock, Inc. (SSTK) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 Shutterstock Appoints Three Accomplished Business Leaders to Board of Directors Timothy Adams, Matthew Salzberg, and Michael Thompson bring extensive financial, operational, investment and technology expertise to Shutterstock’s Board NEW YORK, Sept. 8, 2026 /PRNewswi

Kroger (KR) fell to a 2-year low after announcing a $1.65B acquisition of Giant Eagle, with investors skeptical of immediate value. Constellation Energy (CEG) dropped to a 52-week low after Citi cut its price target. Shutterstock (SSTK) plunged 29% after its merger with Getty Images was terminated. All three stocks have seen significant declines this year.

Shutterstock (NYSE:SSTK) reported Q2 revenue of $221.8M, down 16.9% YoY, missing estimates. ACV Auctions (NYSE:ACVA) reported $213.9M, up 10.4% YoY, slightly missing expectations. eBay (NASDAQ:EBAY) reported $3.13B, up 14.8% YoY, beating estimates. All stocks declined post-earnings.

Shutterstock (SSTK) reported Q2 revenue of $221.8M, down 16.9% YoY, missing estimates. Etsy (ETSY) reported $668.3M, up 6.2% YoY, beating estimates. ACV Auctions (ACVA) reported $213.9M, up 10.4% YoY, missing estimates. Stocks reacted accordingly, with SSTK down 7.8%, ETSY down 5.5%, and ACVA up 2.8%.

Shutterstock shares rose about 4.7% after the company said it launched a content connector inside Anthropic’s Claude AI platform, letting users access and license Shutterstock’s media library within Claude. The news follows prior issues including a failed Getty Images merger, CEO departure, dividend suspension, and Q2 2026 revenue declines. Broader stocks rose after July CPI matched forecasts.

Shutterstock (NYSE:SSTK) said it launched a connector for Anthropic’s Claude that lets users discover and license Shutterstock images, videos, music, and sound effects within the Claude interface. The company linked the move to making licensable content available across AI platforms, expanding on its recent ChatGPT app launch.

Shutterstock, Inc. (SSTK) reported 2026-quarter revenue of $221.8M, down 16.9% year over year. It posted a net loss of $155.94M and diluted EPS of ($4.25), versus revenue of $266.99M and EPS of $0.82 in the prior-year quarter. Revenue fell with weaker new customer acquisition, subscriber count dropped to ~951K, and a $173.7M goodwill impairment followed the Getty merger termination.