Mediaco Shares Resume Trade Then Halted On Circuit Breaker To The Downside, Stock Now Down -28.6%
Portfolio Pulse from Benzinga Newsdesk
Mediaco shares resumed trading but were quickly halted again due to a circuit breaker as the stock plummeted by 28.6%.
June 18, 2024 | 3:49 pm
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Mediaco shares experienced significant volatility, resuming trade only to be halted again due to a circuit breaker as the stock dropped by 28.6%.
The significant drop in Mediaco's stock price and the activation of a circuit breaker indicate severe selling pressure and volatility, likely leading to further short-term declines.
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IMPORTANCE 90
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