Lixiang Education Holding Shares Halted On Circuit Breaker, Stock Now Down -79.2%
Portfolio Pulse from Benzinga Newsdesk
Shares of Lixiang Education Holding (LXEH) were halted due to a circuit breaker after plummeting -79.2%. Additionally, $280 billion of Russian central bank assets have been immobilized by G-7 countries and the EU in an SPV to back 'freedom bonds'.
March 21, 2024 | 3:00 pm
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NEGATIVE IMPACT
Lixiang Education Holding shares were halted after a significant drop of -79.2%.
The substantial drop in Lixiang Education Holding's stock price and the subsequent trading halt are likely to shake investor confidence in the short term, leading to potential further sell-offs or increased volatility once trading resumes.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100