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…
-
Noosa News23 hours agoWhere, when and why? Everything you need to know about Sunday’s pro-Palestine protest march in Brisbane
-
General19 hours agoIndia to defend ‘red lines’ as fresh tariffs loom
-
General16 hours agoAlbanese government to freeze construction code until 2029, fast-track housing approvals
-
Noosa News20 hours agoLocal nurse Carra Luke identified as woman found dead from critical injuries in Brisbane