Seelos Therapeutics Shares Resume Trade
Portfolio Pulse from Benzinga Newsdesk
Seelos Therapeutics shares have resumed trading after a temporary halt. The resumption of trading allows investors to buy and sell Seelos shares again, potentially impacting the stock's volatility and price in the short term.
November 28, 2023 | 2:01 pm
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NEUTRAL IMPACT
Seelos Therapeutics' stock has resumed trading, which may lead to increased volatility and price changes as the market adjusts to the news.
The resumption of trading typically leads to a period of price discovery where the stock may experience higher than normal volatility as investors react to the news. The impact on the stock price can be positive or negative depending on the market's perception of the reasons behind the trading halt and resumption.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100