Compugen Shares Halted On Circuit Breaker To The Upside, Stock Now Up 217.8%
Portfolio Pulse from Benzinga Newsdesk
Shares of Compugen (CGEN) have been halted due to a circuit breaker triggered by a sharp increase in the stock price, which is now up 217.8%.
December 19, 2023 | 2:34 pm
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Compugen's stock experienced a significant surge, leading to a trading halt after a 217.8% increase in its share price.
The substantial rise in Compugen's stock price is likely to attract a lot of investor attention, potentially leading to increased volatility and interest in the stock once trading resumes. The circuit breaker indicates a significant event causing rapid price movement, which could be due to a positive development for the company or speculative trading. Investors should be cautious as the stock may continue to be volatile in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100