US Stocks Movement | Shutterstock plummets over 27% after hours, Getty Images drops over 15%, both terminate merger plan
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Glonghui, July 1|U.S. digital content provider Shutterstock (SSTK.US) fell more than 27% in after-hours trading to $10.09; a certain exchange fell more than 15% to $0.73. According to reports, the exchange stated that, due to the UK competition regulator insisting on the sale of Shutterstock’s editorial business as a condition for approving the merger, the company has canceled its merger plan with Shutterstock.
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