OneMedNet Shares Halted On Circuit Breaker
Portfolio Pulse from Benzinga Newsdesk
Shares of OneMedNet Corporation (ONMD) were halted due to a circuit breaker, which typically occurs when a stock experiences significant price movement in a short period of time.
January 29, 2024 | 6:09 pm
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OneMedNet Corporation's stock trading was halted due to a circuit breaker, indicating a substantial price movement.
Circuit breakers are mechanisms to temporarily halt trading in a stock when its price moves too quickly in either direction. While the halt is neutral in itself, it indicates high volatility and can lead to increased investor caution. The impact on the stock price after the halt will depend on the underlying reason for the price movement that triggered the circuit breaker.
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