InVivo Therapeutics Shares Halted On Circuit Breaker To The Upside, Stock Now Up 332.4%
Portfolio Pulse from Benzinga Newsdesk
InVivo Therapeutics shares were halted due to a circuit breaker trigger after the stock surged by 332.4%. The significant increase in stock price led to a temporary trading halt to manage volatility.
February 06, 2024 | 5:05 pm
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InVivo Therapeutics shares experienced a dramatic surge, increasing by 332.4%, which triggered a circuit breaker halt to manage the stock's volatility.
The substantial increase in InVivo Therapeutics' stock price is a clear indicator of positive market sentiment or reaction to potentially favorable news or developments related to the company. The trading halt due to the circuit breaker is a mechanism to ensure orderly market conditions amidst significant volatility. This event is highly relevant to NVIV as it directly impacts the stock's trading activity and could attract increased attention from investors and traders, potentially leading to further short-term volatility once trading resumes.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100