Safety Shot Shares Halted On Circuit Breaker To The Upside, Stock Now Up 6.53%
Portfolio Pulse from Benzinga Newsdesk
Shares of Safety Shot (SHOT) were halted due to a circuit breaker after rapidly increasing by 6.53%. Circuit breakers are designed to prevent extreme volatility in the stock market.
November 21, 2023 | 3:18 pm
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Safety Shot's stock was halted on a circuit breaker after a significant 6.53% increase, indicating a surge in investor interest or response to positive news.
The trading halt due to a circuit breaker suggests a rapid price movement, typically caused by significant investor interest or reactions to company-specific news. This can often lead to increased attention and speculative trading once the stock resumes trading, potentially driving the price higher in the short term.
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