Rose Hill Acquisition Shares Halted On Circuit Breaker To The Upside, Stock Now Up 67.3%
Portfolio Pulse from Benzinga Newsdesk
Shares of Rose Hill Acquisition (ROSE) were halted on a circuit breaker due to a significant increase in the stock price, which is now up by 67.3%.
July 13, 2023 | 5:02 pm
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Rose Hill Acquisition's stock was halted on a circuit breaker due to a significant price increase. The stock is now up by 67.3%.
The halt on a circuit breaker is a mechanism used by stock exchanges to temporarily halt trading in specific securities when there is a significant price movement in either direction. In this case, the significant price increase in Rose Hill Acquisition's stock led to the halt. This indicates a high demand for the stock, which could potentially continue to drive the price up in the short term.
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