Freight Technologies Shares Resume Trade Following Circuit Breaker Halt
Portfolio Pulse from Benzinga Newsdesk
Freight Technologies' stock (FRGT) resumed trading after a circuit breaker halt. Circuit breakers are automatic measures to prevent excessive volatility and large price swings in the stock market.
December 14, 2023 | 2:53 pm
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NEUTRAL IMPACT
Freight Technologies' shares were halted due to a circuit breaker but have now resumed trading. This indicates significant volatility in the stock's trading activity.
Circuit breaker halts typically occur due to significant price movement and can lead to increased attention on a stock once trading resumes. However, the direction of the price movement post-halt is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100