Trading Halt: Halt status updated at 10:35:00 AM ET: Quotation Resumption: IPO Security - Released for Quotation
Portfolio Pulse from Benzinga Newsdesk
The trading halt for an IPO security has been updated, and the security is now released for quotation as of 10:35:00 AM ET.
August 28, 2024 | 2:35 pm
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POSITIVE IMPACT
The trading halt on BSIIU has been lifted, allowing it to resume quotation. This could lead to increased trading activity and potential price volatility.
The lifting of a trading halt typically results in increased trading activity as investors react to the resumption of trading. This can lead to price volatility, especially for an IPO security like BSIIU.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80