🟢 GETY Surges 17% After Board Resolves to Terminate Shutterstock Merger Agreement

Getty Images (GETY) stock is trading at $1.03, up 17% in after-hours trading following the company's announcement. The Board of Directors unanimously resolved not to proceed with the sale of Shutterstock's editorial business and to terminate the Merger Agreement, effective after July 6, 2026. This decision comes after the U.K. Competition and Markets Authority (CMA) conditioned its required clearance of the transactions on the sale of Shutterstock's editorial business.