Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Shutterstock, Inc. (SSTK): A Bear Case Theory

We came across a bearish thesis on Shutterstock, Inc. (SSTK) on Twitter by Fierce__beast. In this article, we will summarize the bears’ thesis on SSTK. Shutterstock, Inc. (SSTK)'s stock was trading at $32.55 as of Nov 4th. SSTK’s trailing P/E was 31.91 according to Yahoo Finance.

[caption id="attachment_517149" align="aligncenter" width="600"] Copyright: buchachon / 123RF Stock Photo[/caption]

SSTK presents a compelling short opportunity for several reasons that point to its deteriorating financial health despite what might appear as an attractive EV/EBITDA ratio. The...