Trading Halt: Halt status updated at 11:50:00 AM ET: Quotation Resumption: IPO Security - Released for Quotation
Portfolio Pulse from Benzinga Newsdesk
The trading halt for an IPO security was updated at 11:50:00 AM ET, and the security has been released for quotation.
October 24, 2024 | 3:50 pm
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POSITIVE IMPACT
The trading halt for CHARU, an IPO security, has been lifted, allowing it to resume quotation.
The lifting of a trading halt typically leads to increased trading activity and potential price volatility as investors react to the resumption of trading. This can result in upward price movements if the market sentiment is positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80