Cheetah Net Supply Chain Service Shares Halted On Circuit Breaker To The Downside, Stock Now Up 12.1%
Portfolio Pulse from Benzinga Newsdesk
Cheetah Net Supply Chain Service (CTNT) shares were halted on a circuit breaker due to a sharp decline but have since rebounded and are now up 12.1%.
May 16, 2024 | 7:48 pm
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Cheetah Net Supply Chain Service (CTNT) experienced a sharp decline that triggered a circuit breaker halt, but the stock has since rebounded and is now up 12.1%.
The initial sharp decline in CTNT shares triggered a circuit breaker halt, indicating significant volatility. However, the subsequent rebound and 12.1% increase suggest strong buying interest and recovery, likely leading to positive short-term price movement.
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