CbdMD Shares Halted On Circuit Breaker To The Upside, Stock Now Up 72.1%
Portfolio Pulse from Benzinga Newsdesk
Shares of CbdMD were halted due to a circuit breaker triggered by a significant upside movement, with the stock surging 72.1%.
March 22, 2024 | 3:23 pm
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CbdMD's stock experienced a dramatic increase, surging 72.1%, leading to a trading halt due to a circuit breaker.
The significant surge in CbdMD's stock price triggered a circuit breaker, indicating a highly volatile trading session. Such a substantial increase often attracts increased investor attention and can lead to further short-term volatility. The halt is a regulatory measure to ensure market stability and fairness, but it also highlights the stock's current momentum.
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