Sangamo Therapeutics Shares Halted On Circuit Breaker To The Downside, Stock Now Up 69.5%
Portfolio Pulse from Benzinga Newsdesk
Sangamo Therapeutics shares were halted on a circuit breaker due to a sharp decline but have since surged by 69.5%.
July 24, 2024 | 1:37 pm
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Sangamo Therapeutics experienced a significant price movement, triggering a circuit breaker halt due to a sharp decline, but the stock has since rebounded by 69.5%.
The sharp decline followed by a significant rebound indicates high volatility in SGMO's stock. The circuit breaker halt suggests a temporary panic sell-off, but the subsequent 69.5% surge shows strong recovery and investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100