Ensysce Biosciences Shares Halted On Circuit Breaker To The Upside, Stock Now Up 25.3%
Portfolio Pulse from Benzinga Newsdesk
Shares of Ensysce Biosciences were halted due to a circuit breaker after experiencing a sharp increase of 25.3%.
November 30, 2023 | 7:43 pm
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Ensysce Biosciences' stock was halted after a rapid 25.3% increase in price.
The sharp increase in Ensysce Biosciences' stock price triggered a circuit breaker, which is a regulatory measure designed to prevent excessive volatility and maintain orderly market conditions. This halt could attract attention to the stock and potentially lead to increased volatility once trading resumes. Investors may interpret the surge as a positive signal, possibly related to company-specific news or broader market movements, which could lead to a short-term increase in the stock price.
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