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What does "stock suspension" mean?
Definition:
A suspension of a stock indicates that the stock exchange has ceased trading of that company's shares, either temporarily or permanently.
Reasons for Suspension:
• Non-compliance with regulatory or listing requirements.
• Late financial results or disclosures.
• Ongoing investigation involving the company's corporate governance issues.
Impact on Investors:
• Trading of the stock is not permitted until the suspension is lifted.
• Investors cannot transact the suspended stock.
• The stock may resume trading once the company has resolved the specific issues and has met the exchange's norms.