Indonesia Energy Shares Halted, Stock Now Down -16.9%
Portfolio Pulse from Benzinga Newsdesk
Shares of Indonesia Energy (INDO) have been halted. The reason for the halt has not been disclosed.
August 15, 2024 | 6:45 pm
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NEGATIVE IMPACT
Shares of Indonesia Energy (INDO) have been halted. The reason for the halt has not been disclosed.
The halt in trading of INDO shares introduces uncertainty and could lead to a negative short-term impact on the stock price once trading resumes, especially if the reason for the halt is negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100