Ryde Group Shares Halted On Circuit Breaker To The Downside, Stock Now Down -82.8%
Portfolio Pulse from Benzinga Newsdesk
Ryde Group shares have been halted due to a circuit breaker after experiencing a significant drop of 82.8%.
September 12, 2024 | 5:30 pm
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Ryde Group's stock has been halted after a dramatic 82.8% decline, triggering a circuit breaker. This indicates severe volatility and potential underlying issues within the company.
The 82.8% drop in Ryde Group's stock price is a significant negative event, likely due to severe market reaction to company-specific news or broader market conditions. The circuit breaker halt suggests extreme volatility, which is typically a bearish signal for short-term price movements.
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