Shutterfly stock hits all-time high after snapping up the leader in kids’ class photos

Shutterfly stock hits all-time high after snapping up the leader in kids’ class photos

6 years ago
Anonymous $v9r5mEH86V

https://techcrunch.com/2018/01/31/shutterfly-stock-hits-all-time-high-after-snapping-up-the-leader-in-kids-class-photos/

One day after announcing strong earnings and the massive strategic acquisition of the leader in yearbook and school photos, Shutterfly is watching its shares soar.

It’s quite a turn for a company that just over a year ago was staring at a massive new market competitor in Amazon, whose entry into the personalized photo sharing market caused Shutterfly’s stock to tumble.