Shutterstock vs LY: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Shutterstock (SSTK)

Q2 202622 Jun – 1 Jul 2026

▼3

Getty Merger Collapses, Leaving Shutterstock Independent and Reeling

Getty Merger Called Off Getty Images abandoned its $3.7 billion merger with Shutterstock after UK regulators demanded the sale of Shutterstock's editorial division. The deal's collapse removes hoped-for cost savings and scale, sending SSTK down nearly 30% to a record low.
This is the single biggest new event of the period and directly explains the stock's plunge.
Weak Q1 Results Highlight Standalone Struggles Shutterstock's Q1 revenue fell 17.9% year-on-year and missed estimates by 10.1%, with a big EBITDA miss. The weak numbers show the company was already struggling before the merger news, making the failed deal even more damaging.
Provides fundamental context for why the stock is vulnerable and why the merger was seen as a lifeline.
AI Competition Threatens Core Business Both Shutterstock and Getty have lost about 70% of their value since the merger was announced, largely due to fears that AI image generators are replacing traditional stock photo demand. The failed merger leaves Shutterstock facing this threat alone.
Explains the long-term pressure on the business model that the merger was meant to address.

June 202622 Jun – 1 Jul 2026

▼3

Getty Merger Collapses, Leaving Shutterstock Independent and Reeling

Getty Merger Called Off Getty Images abandoned its $3.7 billion merger with Shutterstock after UK regulators demanded the sale of Shutterstock's editorial division. The deal's collapse removes hoped-for cost savings and scale, sending SSTK down nearly 30% to a record low.
This is the single biggest new event of the period and directly explains the stock's plunge.
Weak Q1 Results Highlight Standalone Struggles Shutterstock's Q1 revenue fell 17.9% year-on-year and missed estimates by 10.1%, with a big EBITDA miss. The weak numbers show the company was already struggling before the merger news, making the failed deal even more damaging.
Provides fundamental context for why the stock is vulnerable and why the merger was seen as a lifeline.
AI Competition Threatens Core Business Both Shutterstock and Getty have lost about 70% of their value since the merger was announced, largely due to fears that AI image generators are replacing traditional stock photo demand. The failed merger leaves Shutterstock facing this threat alone.
Explains the long-term pressure on the business model that the merger was meant to address.

Latest22 Jun – 1 Jul 2026

▼3

Getty Merger Collapses, Leaving Shutterstock Independent and Reeling

Getty Merger Called Off Getty Images abandoned its $3.7 billion merger with Shutterstock after UK regulators demanded the sale of Shutterstock's editorial division. The deal's collapse removes hoped-for cost savings and scale, sending SSTK down nearly 30% to a record low.
This is the single biggest new event of the period and directly explains the stock's plunge.
Weak Q1 Results Highlight Standalone Struggles Shutterstock's Q1 revenue fell 17.9% year-on-year and missed estimates by 10.1%, with a big EBITDA miss. The weak numbers show the company was already struggling before the merger news, making the failed deal even more damaging.
Provides fundamental context for why the stock is vulnerable and why the merger was seen as a lifeline.
AI Competition Threatens Core Business Both Shutterstock and Getty have lost about 70% of their value since the merger was announced, largely due to fears that AI image generators are replacing traditional stock photo demand. The failed merger leaves Shutterstock facing this threat alone.
Explains the long-term pressure on the business model that the merger was meant to address.

LY Corporation (4689.JP)

Q3 20267 Jul – 7 Aug 2026

▲3▼1

LY's Kakaku bid escalates as core profit and PayPay surge

LY outbids EQT for Kakaku.com with shareholder backing LY formally offered 3,384 yen per Kakaku.com share, topping EQT's 3,000 yen, and major holder Oasis agreed to tender its 19.52% stake. Winning Kakaku would add a profitable price-comparison and shopping site, lifting LY's growth story.
The bidding war is the period's main new event and directly affects LY's acquisition prospects.
LY and Bain weigh even higher Kakaku bid LY and Bain are considering a fresh joint offer above EQT's 3,450 yen, and LY already raised its own price. Paying more raises the cash or debt needed and could dilute near-term returns, a real cost against the strategic benefit.
Shows the counterweight: escalating price tags mean higher acquisition cost for LY.
Q1 revenue up 13.1%, profit up 23.1% LY reported quarterly revenue of 553.9 billion yen, up 13.1%, with adjusted EBITDA up 23.1% and margin at 28%. Media, Commerce and fintech all grew, and management said full-year guidance should be beaten, supporting the share price.
Core earnings beat is the strongest fundamental driver for the stock this period.
PayPay allies with Seven & i to link payments and stores PayPay agreed a capital alliance with Seven & i, SoftBank and LY to connect its 75 million users with about 22,000 7-Eleven stores. This expands PayPay's reach into everyday shopping, a long-term growth driver for LY as a PayPay shareholder.
New partnership extends PayPay's growth, a key value driver for LY.

July 20267 Jul – 7 Aug 2026

▲3▼1

LY's Kakaku bid escalates as core profit and PayPay surge

LY outbids EQT for Kakaku.com with shareholder backing LY formally offered 3,384 yen per Kakaku.com share, topping EQT's 3,000 yen, and major holder Oasis agreed to tender its 19.52% stake. Winning Kakaku would add a profitable price-comparison and shopping site, lifting LY's growth story.
The bidding war is the period's main new event and directly affects LY's acquisition prospects.
LY and Bain weigh even higher Kakaku bid LY and Bain are considering a fresh joint offer above EQT's 3,450 yen, and LY already raised its own price. Paying more raises the cash or debt needed and could dilute near-term returns, a real cost against the strategic benefit.
Shows the counterweight: escalating price tags mean higher acquisition cost for LY.
Q1 revenue up 13.1%, profit up 23.1% LY reported quarterly revenue of 553.9 billion yen, up 13.1%, with adjusted EBITDA up 23.1% and margin at 28%. Media, Commerce and fintech all grew, and management said full-year guidance should be beaten, supporting the share price.
Core earnings beat is the strongest fundamental driver for the stock this period.
PayPay allies with Seven & i to link payments and stores PayPay agreed a capital alliance with Seven & i, SoftBank and LY to connect its 75 million users with about 22,000 7-Eleven stores. This expands PayPay's reach into everyday shopping, a long-term growth driver for LY as a PayPay shareholder.
New partnership extends PayPay's growth, a key value driver for LY.

Latest7 Jul – 7 Aug 2026

▲3▼1

LY's Kakaku bid escalates as core profit and PayPay surge

LY outbids EQT for Kakaku.com with shareholder backing LY formally offered 3,384 yen per Kakaku.com share, topping EQT's 3,000 yen, and major holder Oasis agreed to tender its 19.52% stake. Winning Kakaku would add a profitable price-comparison and shopping site, lifting LY's growth story.
The bidding war is the period's main new event and directly affects LY's acquisition prospects.
LY and Bain weigh even higher Kakaku bid LY and Bain are considering a fresh joint offer above EQT's 3,450 yen, and LY already raised its own price. Paying more raises the cash or debt needed and could dilute near-term returns, a real cost against the strategic benefit.
Shows the counterweight: escalating price tags mean higher acquisition cost for LY.
Q1 revenue up 13.1%, profit up 23.1% LY reported quarterly revenue of 553.9 billion yen, up 13.1%, with adjusted EBITDA up 23.1% and margin at 28%. Media, Commerce and fintech all grew, and management said full-year guidance should be beaten, supporting the share price.
Core earnings beat is the strongest fundamental driver for the stock this period.
PayPay allies with Seven & i to link payments and stores PayPay agreed a capital alliance with Seven & i, SoftBank and LY to connect its 75 million users with about 22,000 7-Eleven stores. This expands PayPay's reach into everyday shopping, a long-term growth driver for LY as a PayPay shareholder.
New partnership extends PayPay's growth, a key value driver for LY.