Business
Why Brainchip Holdings (ASX:BRN) shares are in a trading halt
The Brainchip Holdings Ltd (ASX: BRN) share price won’t be moving for the rest of the day after being placed into a trading halt at the company’s request.
Why are the shares in trading halt?
This morning Brainchip requested an immediate trading halt pending an anticipated announcement of a ‘material customer contract’.
Shares in the company had already traded up 3.17% today before the trading halt commenced.
This comes after a whirlwind six months for the Brainchip share price, having gone from 8 cents a share at the end of June to 97 cents in September. Shares were changing hands for 32.5 cents today before being halted.
What does Brainchip Holdings do?
Brainchip Holdings focuses primarily on software and hardware…
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