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GameStop Trading Halted 4 Times Owing to Dramatic Movements

Posted: Fri May 13, 2022 5:36 pm
by claireokc
Trading of GameStop stock was halted by Nasdaq four times on May 12 as the share price kept rising and falling dramatically amid the index registering a decline. GameStop shares were halted at around 10:14 a.m., 10:20 a.m., 10:25 a.m., and 10:31 a.m., with the stops followed by resumption of trading a few minutes later, according to Nasdaq Trader. After the fourth halt, trading in GameStop resumed at nearly 10:36 a.m. Opening at around $83.07 per share, GameStop spiked to around $107.85 per share, an increase of nearly 30 percent. The lowest the share fell for the day was around $77.98. It was trading at $88.75 as of 17:34 UTC. At this time, the Nasdaq 100 was trading at 11,833, a decline of 1.12 percent. The total volume of traded shares was around 7.97 million. ...

Source: https://www.theepochtimes.com/gamestop- ... 63262.html