Virtus Health Ltd (ASX: VRT) has announced a trading halt
Virtus Health Ltd (ASX: VRT) has announced a trading halt.
There are a few reasons why a stock would go into a trading halt. It is generally ahead of a news announcement.
Virtus Health Ltd has requested the trading halt as the Company expects to make an announcement to the market in relation to ongoing matters pertaining to proposals to acquire Virtus Health Ltd.
Trading halts are typically enacted in anticipation of a news announcement, to correct an order imbalance, as a result of a technical glitch or due to regulatory concerns.
Halts may also be triggered by severe down moves, in what are called circuit breakers or curbs.
The trading halt will remain in place until normal trading commences on March 15, 2022 or when the company announcement is made.
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