Shutterfly

Investor's Business Daily

Shutterfly (SFLY) was downgraded to underperform from outperform by Cowen & Co. The analyst said the online photo company is no longer outpacing overall U.S. e-commerce growth, a sign that the company is being hurt by increased competition, pricing pressure and "poor" mobile performance. Shares fell 4.7% to 48.04.

View Comments (0)