SSTK Aug 2024 35.000 put
| Previous close | 2.0100 |
| Open | 1.8200 |
| Bid | 1.1500 |
| Ask | 1.7000 |
| Strike | 35.00 |
| Expiry date | 2024-08-16 |
| Day's range | 1.8200 - 2.0100 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.25k |
ZacksWall Street Analysts Think Shutterstock (SSTK) Could Surge 35.36%: Read This Before Placing a Bet
The consensus price target hints at a 35.4% upside potential for Shutterstock (SSTK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
ZacksAfter Plunging -6.84% in 4 Weeks, Here's Why the Trend Might Reverse for Shutterstock (SSTK)
The heavy selling pressure might have exhausted for Shutterstock (SSTK) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
ZacksWhat Makes Shutterstock (SSTK) a New Strong Buy Stock
Shutterstock (SSTK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
