1. Trading of MAGH halted by Nasdaq for additional information. 2. SEC previously suspended MAGH trading from December 5 to December 18. 3. Last recorded price of MAGH shares was $6.76 before the halt.
FAQ
Why Bearish?
Trading halts often indicate uncertainty and can negatively impact investor sentiment, historically leading to declines. Similar cases have shown substantial dips post-halt due to lack of clarity, which could affect MAGH's price.
How important is it?
The halt directly affects MAGH's trading ability, influencing short-term price movements and investor perceptions significantly.
Why Short Term?
The halt's short-term nature suggests immediate market reaction but may stabilize post-information.
Related Companies
NEW YORK, Dec. 19, 2025 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (NASDAQ:NDAQ) announced that trading is halted in Magnitude International Ltd (NASDAQ:MAGH) for additional information requested from the company. Previously, the Securities and Exchange Commission effected a trading suspension in MAGH from 04:00:00 on December 5, 2025 to 23:59:00 on December 18, 2025. The last sale price of the company's shares was $6.76.
More information about the SEC's order can be found at https://www.sec.gov/files/litigation/suspensions/2025/34-104317.pdf.
Trading will remain halted until Magnitude International Ltd has fully satisfied Nasdaq's request for additional information.
For news and additional information about the company, please contact the company directly or check under the company's symbol using InfoQuotesSM on the Nasdaq® Web site.
For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.
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