GETY is trading 5.1% up at $0.98 following news that Getty Images has entered a display pact with OpenAI to license its extensive image library.
- The partnership serves as a major catalyst for the stock, which has recently faced heavy selling pressure and sharp swings.
- The move higher follows a volatile period where GETY closed below the $1 mark in the prior session.
- While broader markets are also trending higher, the company-specific licensing news is the primary driver for today's price action.