Datasea Inc. Shares Halted On Circuit Breaker To The Upside, Stock Now Up 12.6%
Portfolio Pulse from Benzinga Newsdesk
Shares of Datasea Inc. were halted due to a circuit breaker after experiencing a significant increase, with the stock price rising by 12.6%.

January 23, 2024 | 2:37 pm
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Datasea Inc.'s stock was halted on a circuit breaker after surging 12.6%, indicating a strong upward price movement.
The trading halt due to a circuit breaker typically occurs when a stock experiences a rapid price movement, either up or down. In the case of Datasea Inc., the stock's sharp increase of 12.6% triggered the halt. This could indicate strong investor interest or reaction to company news, which could lead to increased volatility and potentially more upside if the momentum continues when trading resumes. However, the halt could also lead to increased uncertainty among investors, and the direction of the stock price after the halt is lifted is not guaranteed.
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