Shares of Getty Images Holdings Inc. GETY got a 5.7% boost in premarket trading Tuesday, after activist investor Trillium Capital LLC urged the visual content creator to increase shareholder value by selling the company. Trillium, which said it owned “hundreds of thousand shares” of Getty stock and stock equivalents, said the company’s board has not acted on “obvious opportunities” to increase shareholder value, as the stock has tumbled since the Getty went public. After the $4.8 billion acquisition deal by special purpose acquisition company (SPAC) CC Neuberger Principal Holdings II closed on July 22, 2022, the stock…
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Getty Images stock gets a boost after activist investor recommended a sale of the company
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