Shares of Getty Images Holdings Inc - Class A (GETY) are trading 10% higher at a price of $30.15 at the time of this writing.
The only visible catalyst we can see is a Reddit thread showing Getty float and meme traders getting excited.
Getty Images Holdings Inc - Class A has been trading between a 52-week high of $37.88 and a 52-week low of $7.86. The stock has a market cap of $9.62 Billion.
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:Fuzzy_Chipmunk_6615 - 26 upvotes -
sourceSeriously with BBBY, GME, AMC, insiders can sell and they have fucked us. With $GETY, insiders have an ironclad lockup. So if we actually banded up on GETY, it would go insane.
jordankat23 - 21 upvotes -
source$GETY just dropped an 8k announcing they are paying off $300m in debt!
FmylittleP - 8 upvotes -
sourceThis guy has been posting about $GETY for a month, real person
Mugtown - 7 upvotes -
sourceIf you guys aren't diamond hard to buy calls on GETY, idk what to tell ya!
jordankat23 - 5 upvotes -
sourceI have talked about GETY a lot because I love this play but today there is huge new news with the float being updated on Bloomberg so felt I had to share.
concerned_mess - 3 upvotes -
sourceI threw some money at GETY for a potential squeeze lotto play. The float is obnoxiously low.
Stock-Economics1174 - 3 upvotes -
source$GETY
Big_Douf - 2 upvotes -
sourceMuhfuckin $GETY
Wereugo - 2 upvotes -
source$GETY https://www.reddit.com/r/wallstreetbets/comments/wvxqdu/gety_major_update_bloomberg_terminal_updates/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Mugtown - 1 upvotes -
sourceYes GETY is the light, the way