NexImmune Shares Resume Trade Following Circuit Breaker Halt
Portfolio Pulse from Benzinga Newsdesk
NexImmune's stock (NEXI) resumed trading after a temporary halt due to a circuit breaker being triggered. Circuit breakers are automatic measures to prevent sharp price declines.
January 05, 2024 | 2:43 pm
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NexImmune's stock trading was temporarily halted by a circuit breaker, which is typically triggered by rapid price movements, indicating high volatility.
The triggering of a circuit breaker for NexImmune suggests significant price volatility. Such events often lead to increased investor caution, potentially driving the stock price down in the short term as market participants assess the reasons behind the sharp price movement.
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