Cheetah Net Supply Chain Service Shares Halted On Circuit Breaker To The Downside, Stock Now Down -66.8%
Portfolio Pulse from Benzinga Newsdesk
Cheetah Net Supply Chain Service shares were halted on a circuit breaker due to a significant drop, with the stock now down by 66.8%.
May 21, 2024 | 1:57 pm
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Cheetah Net Supply Chain Service shares experienced a significant drop, triggering a circuit breaker halt. The stock is now down by 66.8%, indicating severe market reaction.
The halt on a circuit breaker due to a 66.8% drop in stock price indicates a severe negative market reaction. This is likely to cause further downward pressure on the stock in the short term as investors react to the significant loss in value.
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