Trading Halt: Halt status updated at 4:15:00 PM ET: Quotation Resumption: News and Resumption Times
Portfolio Pulse from Benzinga Newsdesk
Trading for Cara Therapeutics (CARA) was halted and then resumed at 4:15 PM ET. The halt was due to pending news, which has now been released, allowing trading to continue.
June 12, 2024 | 8:15 pm
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NEUTRAL IMPACT
Trading for Cara Therapeutics (CARA) was halted and then resumed at 4:15 PM ET. The halt was due to pending news, which has now been released, allowing trading to continue.
The trading halt and subsequent resumption indicate that there was significant news pending for Cara Therapeutics. The resumption of trading suggests that the news has been released, but without details on the news itself, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100