Shutterstock Inc SSTK:NYSE

Last Price$57.79NYSE Closing Price as of 4:10PM ET 6/29/22
NYSE 15-minute delayed Bid/Ask Quotes
Today's Change+1.53(2.72%)
Bid (Size)$57.38 (1)
Ask (Size)$58.17 (1)
Day Low / High$56.17 - 57.81
Volume389.5 K

Sector Update: Tech Stocks Sharply Lower in Midday Trading Tuesday

12:51PM ET 4/26/2022 MT Newswires
Technology stocks were sharply lower in midday trading Tuesday, with the SPDR Technology Select Sector ETF (XLK) falling 2.4% and the Philadelphia Semiconductor Index down 3%.

In company news, Shutterstock (SSTK) reported Q1 adjusted earnings of $1.00 per diluted share, up from $0.98 a year earlier. Analysts polled by Capital IQ expected $0.86. Shutterstock was recently shedding about 3.6%.

Corning (GLW) was about 5% higher after it reported Q1 core earnings of $0.54 per share, up from $0.45 a year earlier. Analysts polled by Capital IQ expected $0.49.

Macom Technology Solutions Holdings (MTSI) said it secured a contract from the US Department of Defense for the development of a radio frequency transmitter. The company's shares fell about 2.5%.