Trading Halt: Halt status updated at 10:35:00 AM ET: Quotation Resumption: IPO Security - Released for Quotation
Portfolio Pulse from Benzinga Newsdesk
Trading halt status was updated at 10:35:00 AM ET for an IPO security, which has now been released for quotation.
June 21, 2024 | 2:35 pm
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POSITIVE IMPACT
RECT's trading halt was lifted at 10:35 AM ET, and the security is now available for quotation. This could lead to increased trading activity and potential price volatility in the short term.
The lifting of the trading halt for RECT means that the security is now available for trading. This typically leads to increased trading activity as investors react to the news, which can result in short-term price volatility. Given the nature of IPOs, this is particularly relevant for RECT.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100