CASI Pharmaceuticals Shares Halted On Circuit Breaker To The Downside, Stock Now Up 13.1%
Portfolio Pulse from Benzinga Newsdesk
CASI Pharmaceuticals shares were temporarily halted due to a circuit breaker triggered by a downside movement, but the stock has since recovered, now showing a 13.1% increase.
March 05, 2024 | 2:41 pm
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CASI Pharmaceuticals shares were halted due to a circuit breaker but have since recovered, now up 13.1%.
The temporary halt in trading due to a circuit breaker indicates a significant downside movement, which typically leads to increased volatility. However, the stock's recovery to a 13.1% increase suggests strong buying interest or positive sentiment among investors, potentially leading to short-term price appreciation.
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