Galmed Pharmaceuticals Shares Halted On Circuit Breaker To The Downside, Stock Now Up 372.6%
Portfolio Pulse from Benzinga Newsdesk
Galmed Pharmaceuticals experienced a significant stock price movement, triggering a circuit breaker halt due to a sharp decline. Despite this, the stock is now up by 372.6%.
September 17, 2024 | 7:20 pm
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Galmed Pharmaceuticals' stock was halted due to a circuit breaker after a sharp decline, but it has since surged by 372.6%. This indicates high volatility and potential speculative trading.
The stock's halt due to a circuit breaker suggests a significant price movement, typically due to high volatility or news. The subsequent 372.6% increase indicates a strong positive reaction, possibly driven by speculative trading or news not detailed in the article.
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