I don't think a Dow component has ever been halted before, so this is highly unusual.
Shares crashed more than 5.5% in the 30m or so before it was halted.
Shares crashed more than 5.5% in the 30m or so before it was halted.
Stock markets seem full of insider traders who are rarely punished, and who keep people like me from investing.
EDIT: Apparently the further news was just Boeing's confirmation of the above.
What do you mean? Stocks get halted all the time especially before big news.
Though someone mentioned JNJ did. Otherwise it's very uncommon for a blue chip to be halted.
> Shares of Johnson & Johnson (NYSE:JNJ) were halted in late trading pending release of news. The news turned out to be that Johnson and Johnson said it found no asbestos in the baby powder it recalled. JNJ was trading slightly lower prior to the trading stop, but is up over 3% after the close.
(J&J is a Dow component.)
https://www.sec.gov/fast-answers/answerstradinghalthtm.html
> A trading halt—which typically lasts less than an hour but can be longer—is called during the trading day to allow a company to announce important news or where there is a significant order imbalance between buyers and sellers in a security.