Cheetah Net Supply Chain Service Shares Halted On Circuit Breaker To The Downside, Stock Now Down -48.1%
Portfolio Pulse from Benzinga Newsdesk
Cheetah Net Supply Chain Service (CTNT) shares were halted on a circuit breaker due to a significant drop, with the stock now down by 48.1%.
May 20, 2024 | 3:41 pm
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NEGATIVE IMPACT
Cheetah Net Supply Chain Service (CTNT) experienced a significant drop in its stock price, leading to a halt on a circuit breaker. The stock is now down by 48.1%, indicating severe market reaction.
The halt on a circuit breaker due to a 48.1% drop in stock price suggests a severe negative market reaction. This is likely to impact investor sentiment and could lead to further declines in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100