InMed Pharmaceuticals Shares Halted On Circuit Breaker To The Downside, Stock Now Up 160.3%
Portfolio Pulse from Benzinga Newsdesk
Shares of InMed Pharmaceuticals were halted on a circuit breaker due to a sharp downside movement. Despite this, the stock is still up by 160.3%.
October 24, 2023 | 2:07 pm
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InMed Pharmaceuticals' stock was halted due to a sharp downside movement, but it is still up by 160.3%.
The halt in trading due to a sharp downside movement indicates a significant volatility in the stock. However, the fact that the stock is still up by 160.3% suggests that the overall trend is still positive. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100