Shutterstock Attempting To Shrug Off Multiple Downgrades


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


em>Joel Elconin is the co-host of

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Benzinga's #PreMarket Prep, a daily trading idea radio show. Shutterstock Inc. (NYSE: SSTK) shares are trading higher by $0.25 at $34.67 in Friday's session. The issue is attempting to rebound from its $16 plus shellacking it underwent in Thursday's session.Along with a mixed Q2 report for adjusted EPS ($0.31 vs. $0.30) with lower sales ($104.4M vs. Est. $105.4), the company lowered Q3 sales and FY sales to $425M-$430M vs. Est. $440.7M.To make matters worse, the company's CFO Tim Bixby resigned. The trio of bad news resulted in a decline from Wednesday's close of $50.75 all the way to $32.32 before rebounding to close at $34.42.Amidst of slew of downgrades this morning, the issue declined off the open but found support ahead of Wednesday's low (S32.54) and rebounded to $35.24, before falling back under $35. Investors buying the issue as it came off its lows may be banking on a double bottom being put in place for the time being.
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