a trading halt is when a security is "halted" meaning no one can trade it or any deriv of it (e.g. options). it occurs when there is pending news such as an fda decision, lawsuit, investigation, etc.
a trading halt is when a security is "halted" meaning no one can trade it or any deriv of it (e.g. options). it occurs when there is pending news such as an fda decision, lawsuit, investigation, etc.
Oh, I see. Thanks for the reply. Is this something that happens often?
I think trading halts should be banned. Its unfair if I own a stock, quickly see bad news and am in a position to get out with a small loss as opposed to a halt then gap down 40%. Its total bulldung.
