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It often happens after huge news, and it's meant to give investors time to digest it. I believe the last notable instance was after Jobs died, AAPL was halted.
by jarcoal 13y ago
It often happens after huge news, and it's meant to give investors time to digest it.
I believe the last notable instance was after Jobs died, AAPL was halted.
- chollida1 13y ago> I believe the last notable instance was after Jobs died, AAPL was halted. That depends on your definition of notable. You could always use the "no true Scotsman" logic to say that Steve Jobs death was the last "notable" halt but they happen all the time. here is the Nasdaq list of halts. Notice that there have been 3 halts already today. http://www.nasdaqtrader.com/Trader.aspx?id=Tradehalts http://www.nasdaqtrader.com/Trader.aspx?id=Tradehalts Here is a list of IROC halts( Canadian) http://micro.newswire.ca/70886-0.html http://micro.newswire.ca/70886-0.html Note that there have been 4 halts today for Canadian stocks.
- jarcoal 13y agoHah I knew I would get called on that. Let's change it to "the first one that came to my mind"
- RobAtticus 13y agoIn fact, Zynga's stock was halted multiple times a little over a year ago when Facebook IPO'd. Also, the halt for Jobs death was after hours so it had a smaller impact.