Hitek Global Shares Resume Trade Then Again Halted On Circuit Breaker To The Downside, Stock Now Down -51.4%
Portfolio Pulse from Happy Mohamed
Shares of Hitek Global (HKIT) have resumed trading but were halted again due to a circuit breaker. The stock is currently down by 51.4%.
August 17, 2023 | 5:38 pm
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Hitek Global's stock has been halted again after resuming trade, with the stock down by 51.4%.
The news directly mentions Hitek Global (HKIT) and its stock being halted due to a circuit breaker, which is a mechanism used by stock exchanges to temporarily halt trading in specific securities when there are significant price movements. This is a significant negative event for the company and is likely to have a negative impact on the stock price in the short term.
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