Getty Images is trading 5.7% down today at $0.74 as investors continue to react to the termination of its planned $3.7 billion merger with Shutterstock.
- The deal was scrapped after the U.K. Competition and Markets Authority conditioned approval on Shutterstock selling its editorial business.
- Getty’s board unanimously rejected the regulator's requirement, leading to the deal's collapse and sustained negative sentiment around the stock.