🔴 Getty Images is trading 5.16% down today after delayed interest payments

Getty Images is trading 5.16% down at $0.23 after investors continued reacting to delayed interest payments on senior unsecured notes.

• The company used 30-day grace periods for payments due September 1.
• Moody’s downgraded its corporate family rating to Caa3, while S&P cut its rating to CCC, increasing concerns about liquidity and potential default risk.
• Broader market weakness added pressure as major indexes declined.