Trading Halt: Halt status updated at 4:30:00 PM ET: Quotation Resumption: News and Resumption Times
Portfolio Pulse from Benzinga Newsdesk
Trading for MMAT was halted but has now resumed as of 4:30 PM ET, following an update on quotation resumption times.
May 03, 2024 | 8:30 pm
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NEUTRAL IMPACT
MMAT's trading was temporarily halted but has resumed as of 4:30 PM ET, indicating a return to normal trading activities.
Trading halts can cause temporary volatility in stock prices upon resumption, but the impact often normalizes quickly. Given that MMAT's trading has resumed, it suggests that any issues leading to the halt have been addressed, stabilizing its short-term outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100