Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending
Portfolio Pulse from Benzinga Newsdesk
Trading on the stock of Inovio Pharmaceuticals (INO) has been halted at 7:50 p.m. ET due to pending news. The halt is likely to create speculation and could lead to increased volatility once trading resumes.
January 25, 2024 | 12:50 am
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NEUTRAL IMPACT
INO's trading halt pending news release may lead to increased volatility and speculative trading once the halt is lifted.
Trading halts due to pending news typically indicate that the forthcoming information is significant and could materially affect the company's stock price. The nature of the news is not yet known, so the impact on the stock price cannot be determined with certainty. However, such halts often lead to increased volatility and speculative trading once the stock resumes trading.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100