Trading Halt: Halt status updated at 12:15:00 PM 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 12:15:00 PM ET.
October 17, 2024 | 4:15 pm
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POSITIVE IMPACT
SPHL's trading halt has been lifted, and it is now available for 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 news. This can lead to price volatility, especially for an IPO security like SPHL, as it becomes available for trading.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80