Trading Halt: Halt status updated at 8:55:00 AM ET: Quotation Resumption: News and Resumption Times
Portfolio Pulse from Benzinga Newsdesk
Trading for FRGT was halted and then resumed at 8:55:00 AM ET, with updates on quotation resumption, news, and resumption times provided.
February 05, 2024 | 1:55 pm
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NEUTRAL IMPACT
FRGT's trading was temporarily halted and then resumed at 8:55:00 AM ET, indicating a significant event that could impact its stock price.
Trading halts are typically enacted in anticipation of news announcements, to correct an order imbalance, or as a result of technical glitches. The resumption of trading indicates that the reason for the halt has been addressed, but the impact on the stock price can vary depending on the nature of the news or event that caused the halt. Without specific details on the reason for the halt, it's challenging to predict the exact direction of the stock price movement, hence a neutral score is assigned.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100