Trading Halt: Halt status updated at 4:30:00 PM ET: Quotation Resumption: News and Resumption Times
Portfolio Pulse from Benzinga Newsdesk
Trading for ACAD was halted but has now resumed as of 4:30:00 PM ET, following an update on quotation resumption times.
March 11, 2024 | 8:30 pm
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NEUTRAL IMPACT
ACAD's trading was temporarily halted but has resumed as of 4:30:00 PM ET, indicating a potential for increased volatility or investor interest following the halt.
Trading halts and resumptions often lead to increased volatility due to pent-up trading interest and market reactions to the reasons behind the halt. While the specific reason for ACAD's trading halt isn't detailed, the resumption indicates that any issues have been addressed, potentially leading to a neutral to positive short-term impact on the stock price, depending on the underlying cause of the halt.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100