Momentus Shares Halted On Circuit Breaker To The Downside, Stock Now Up 14.8%
Portfolio Pulse from Benzinga Newsdesk
Shares of Momentus (MNTS) were halted on a circuit breaker to the downside, but the stock is now up by 14.8%.
October 16, 2023 | 2:01 pm
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Momentus shares were halted due to a circuit breaker but have since rebounded, now up by 14.8%.
The halt in trading due to a circuit breaker usually indicates a significant price movement. In this case, despite the halt, the stock has rebounded and is now up by 14.8%. This could indicate strong investor confidence in the stock, potentially leading to further price increases in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100