Ryde Group Shares Halted On Circuit Breaker To The Downside, Stock Now Down -15.9%
Portfolio Pulse from Benzinga Newsdesk
Ryde Group shares were halted on a circuit breaker due to a significant drop, with the stock now down by 15.9%.
June 06, 2024 | 1:37 pm
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NEGATIVE IMPACT
Ryde Group shares experienced a significant drop of 15.9%, triggering a circuit breaker halt.
The sharp decline in Ryde Group's stock price and the subsequent circuit breaker halt indicate a negative market reaction, likely leading to further short-term downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100