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.
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