Cuentas Shares Halted On Circuit Breaker To The Downside, Stock Now Down -34.4%
Portfolio Pulse from Benzinga Newsdesk
Shares of Cuentas Inc. were halted due to a circuit breaker after plummeting 34.4%. Circuit breakers are designed to prevent stocks from crashing by temporarily halting trading after a sharp price decline.
December 19, 2023 | 8:20 pm
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Cuentas Inc.'s stock was halted on a circuit breaker after a significant drop of 34.4%, indicating a sharp sell-off.
The trading halt due to a circuit breaker suggests a substantial sell-off, which typically indicates negative investor sentiment and can lead to further declines in the short term once trading resumes.
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