Universe Pharmaceuticals Shares Resumed Trade And Then Again Halted On Circuit Breaker To The Downside, Stock Now Down -24.6%
Portfolio Pulse from Benzinga Newsdesk
Universe Pharmaceuticals shares experienced a volatile trading session, with trading resuming and then being halted again due to a circuit breaker triggered by a significant drop. The stock is now down 24.6%.
August 20, 2024 | 1:45 pm
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NEGATIVE IMPACT
Universe Pharmaceuticals shares were halted twice due to a circuit breaker as the stock dropped 24.6%. This indicates significant selling pressure and volatility.
The stock was halted twice due to a circuit breaker, indicating extreme volatility and a significant drop in price. This suggests strong selling pressure, likely leading to further short-term declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100