Trading Halt: Halt status updated at 4:40:00 PM ET: Quotation Resumption: News and Resumption Times
Portfolio Pulse from Benzinga Newsdesk
Trading for LMDX was halted and then resumed at 4:40 PM ET, with updated quotation resumption times following the release of news.
December 29, 2023 | 9:40 pm
News sentiment analysis
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NEUTRAL IMPACT
LMDX experienced a trading halt which has now been lifted as of 4:40 PM ET, with the expectation of news affecting its stock price.
Trading halts typically occur due to significant news pending or unusual activity. The resumption indicates that the news has been released and trading can continue. The impact on the stock price can be neutral in the short term as the market digests the news. The importance is high as trading halts and resumptions are critical events for a stock, but without details on the news, the exact direction of the stock price is uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100