Blue Ridge Bank Shares Halted by NYSE After Bitcoin ATM Announcement

Blue Ridge Bank Shares Halted by NYSE After Bitcoin ATM Announcement

The New York Stock Exchange (NYSE) halted trading of Virginia- based Blue Ridge Bank’s supply (BRSB) after a spike in trading task Wednesday, the business informed CoinDesk in an e-mail.

“NYSE told us the company’s stock reacted to the news and due to the volatility, a Limit Up/Limit Down (LULD) trading halt was triggered,” stated Blue Ridge exterior speakerJon Amar “The LULD is a 5-minute trading pause. Currently, the stock is trading up approximately 5% on 75K shares vs. its 30 Day ADV of 10K shares.”

The NYSE did not react to an ask for remark by press time.

https://www.bitcoinprofit.app/news/blue-ridge-bank-shares-halted-by-nyse-after-bitcoin-atm-announcement/?feed_id=8114&_unique_id=6024b5cf16484