Trading Halt: Halt status updated at 11:00:00 AM ET: Quotation Resumption: IPO Security - Released for Quotation
Portfolio Pulse from Benzinga Newsdesk
Trading for the IPO security MTEN was halted but has now resumed as of 11:00:00 AM ET, allowing for quotation and trading activities to continue.
April 18, 2024 | 3:00 pm
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The trading halt for MTEN has been lifted, resuming normal trading and quotation activities for this IPO security.
The lifting of a trading halt typically results in increased trading activity as investors and traders can once again buy or sell the stock. For an IPO security like MTEN, this resumption is crucial as it marks the continuation of its initial public offering process, potentially leading to increased interest and investment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100