IGM Biosciences Shares Halted, News Pending
Portfolio Pulse from Benzinga Newsdesk
Shares of IGM Biosciences have been halted pending an announcement of news. Investors are awaiting the details of the news, which could significantly impact the company's stock price.
December 05, 2023 | 9:01 pm
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IGM Biosciences' shares have been halted in anticipation of news. The nature of the news is currently unknown, but it is expected to have a considerable effect on the stock price once trading resumes.
Without information on the nature of the pending news, it is impossible to predict the direction of the stock's movement. The halt indicates that the news is material, but whether it is positive or negative is yet to be determined.
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