Trading Halt: Halt status updated at 8:55:00 AM ET: Quotation Resumption: News and Resumption Times
Portfolio Pulse from Benzinga Newsdesk
Trading halt status for SONM was updated at 8:55:00 AM ET. The halt was due to pending news and the resumption times have been provided.
July 18, 2024 | 12:55 pm
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NEUTRAL IMPACT
Trading halt for SONM was updated at 8:55 AM ET due to pending news. The halt indicates significant news is expected, which could impact the stock price upon resumption.
The trading halt suggests that important news is pending, which could lead to significant price movement once trading resumes. However, the direction of the impact is uncertain until the news is released.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100