ModivCare Shares Halted On Circuit Breaker To The Upside, Stock Now Down -56.9%
Portfolio Pulse from Benzinga Newsdesk
ModivCare shares experienced a trading halt due to a circuit breaker triggered by a rapid price increase. Despite this, the stock is down by 56.9%.
September 12, 2024 | 2:03 pm
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ModivCare's stock was halted due to a circuit breaker after a rapid price increase, but overall, the stock is down 56.9%. This indicates high volatility and potential investor concern.
The trading halt due to a circuit breaker suggests a sudden and significant price movement, which often indicates high volatility. Despite the halt, the stock is down significantly, suggesting negative sentiment or underlying issues. This could lead to further downward pressure in the short term.
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