Trading Halt: Halt status updated at 1:25:00 PM ET: Quotation Resumption: News and Resumption Times
Portfolio Pulse from Benzinga Newsdesk
Trading for NCNC was halted and then resumed at 1:25:00 PM ET. The halt was due to news pending, and trading resumed after the news was released.
October 22, 2024 | 5:25 pm
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NEUTRAL IMPACT
NCNC experienced a trading halt due to pending news, with trading resuming at 1:25 PM ET. Such halts can lead to increased volatility as investors react to the news.
Trading halts are typically implemented to allow investors to digest significant news. The resumption of trading suggests the news has been released, which could lead to increased volatility as investors react. However, without details on the nature of the news, the short-term price direction remains uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100