Shutterstock (SSTK) IPO Indicated $21-$23 after Pricing at $17
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The IPO for Shutterstock, Inc. (NYSE: SSTK) is indicated to open $21-$23 after pricing 4,500,000 shares a $17 per share, above the expected $13-$15 range.
The bookrunning managers of the offering are Morgan Stanley, Deutsche Bank Securities and Jefferies. RBC Capital Markets, Stifel Nicolaus Weisel and William Blair are acting as co-managers for the offering.
Shutterstock is a leading global provider of high-quality licensed photographs, vectors, illustrations and videos to businesses, marketing agencies and media organizations around the world.
The bookrunning managers of the offering are Morgan Stanley, Deutsche Bank Securities and Jefferies. RBC Capital Markets, Stifel Nicolaus Weisel and William Blair are acting as co-managers for the offering.
Shutterstock is a leading global provider of high-quality licensed photographs, vectors, illustrations and videos to businesses, marketing agencies and media organizations around the world.
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