The failed merger marks a significant setback for Shutterstock, which saw its stock price slide to $9.64 in after-hours trading. Elsewhere in the market, Intuitive Machines secured a $148.3 million NASA contract to develop a lunar lander, prompting a 7.7% climb to $23.03.

Bloom Energy capitalized on a massive expansion in its partnership with Brookfield, which quintupled its financing commitment for artificial-intelligence power projects to $25 billion. This surge pushed Bloom Energy shares up 9.5% to $331.40. Meanwhile, Papa John’s International faces a leadership transition as CFO Ravi Thanawala departs for a new role. Chris Collins will step in as interim CFO while the company navigates the 5.4% decline in its share price to $34.80.