AdvisorShares Trust AdvisorShares Pure US Cannabis ETF Shares Halted On Circuit Breaker To The Upside, Stock Now Up 4.21%
Portfolio Pulse from Benzinga Newsdesk
AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (MSOS) shares were halted due to a circuit breaker trigger after the stock surged 4.21% to the upside.
April 30, 2024 | 5:06 pm
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AdvisorShares Pure US Cannabis ETF shares experienced a significant surge, leading to a temporary trading halt due to a circuit breaker trigger.
The sudden surge in MSOS shares indicates strong investor interest or reaction to market or sector-specific news, leading to increased volatility. Circuit breakers are designed to temporarily halt trading to allow the market to digest the rapid price movements. This event could attract more attention to MSOS and the cannabis sector, potentially leading to further short-term volatility or interest in the ETF.
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