(GETY) is trading 112% higher at $22.21 today.
Getty Images returned to the public equity markets Monday, just seven months after announcing its $4.8 billion merger with a special purpose acquisition company, or SPAC. Getty Images began trading on the New York Stock Exchange on Monday. While initial results were poor, the stock has found some momentum today. Getty Images will receive $875 million in committed capital, a decrease from the $1.3 billion that was announced in December.
GETY has been trading between a 52-week high of $27.26 and a 52-week low of $7.86. The stock has a market cap of $1.84 Billion.
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:SlayZomb1 - 4 upvotes -
source$GETY is the first time in a long time I play a one day 5-bagger. Feels good man...
fickdichdock - 2 upvotes -
sourcelol @ GETY + 50% AH 99.39% redeemed nobody likes stock images anymore I guess
SlayZomb1 - 2 upvotes -
sourceGo $GETY go!
Zenyx97 - 1 upvotes -
sourceGETY 🔥🔥
SlayZomb1 - 1 upvotes -
sourceIf yall ain't getting $GETY shares tomorrow you're doing it wrong.
Qantifan0n - 0 upvotes -
sourceGETY holy shit did the meme market prop that up?
fickdichdock - 0 upvotes -
sourceSIGA seems to be a recession proof safe haven. Somehow GETY isn't dropping either.
fickdichdock - 0 upvotes -
sourceGETY up 65% AH, all strikes ITM 99.4% redemptions lmao, its probably going to be the smallest float with options ever.