Hitek Global Shares Resume Trade Then Again Halted On Circuit Breaker To The Downside, Stock Now Down -27.6%
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 27.6%.
September 06, 2023 | 4:41 pm
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Hitek Global's stock has been halted again after resuming trade, with a current decrease of 27.6%.
The news directly mentions Hitek Global (HKIT) and the fact that its shares have been halted again due to a circuit breaker, which is a mechanism used by stock exchanges to temporarily halt trading in specific stocks if their prices move dramatically in a short period. This halt, coupled with the significant drop in the stock's price, is likely to have a negative impact on the stock in the short term.
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