ABK Shares were halted just before the market closed for "News Pending"

Originally published at: ABK Shares were halted just before the market closed for "News Pending" - XboxEra

Users on Twitter have noticed that at 7:50 PM EDT that Activision’s shares were halted on the NASDAQ. The reason code given is T1, which means “News Pending”. What does this mean, none of us here have any idea but it “feels” like the ABK acquisition saga will finally end “soon. Whether that is tomorrow, Friday the 13th, or some point next week is still anybody’s guess.



Shares of Activision halted just before close of extended trading

— DM Options (@DMOptions) October 13, 2023

ACTIVISION SHARES HAVE BEEN HALTED FOR NEWS $ATVI $MSFT

— GURGAVIN (@gurgavin) October 13, 2023

4 Likes

1 Like

First WWE, now this.

This.

Is.

It.

3 Likes

WWE?

WWE stocks also halted before they announced their merger news.

2 Likes

World Wrestling Entertainment. They were sold to Endeavor alas TKO last month.

1 Like