RE:dont understand1. There have been no leaks as the bid/quote has stayed remarkedly the same all day.
2. Halts of this nature "can mean" large material changes that alter the structure and body of the company.
3. Very large or sometimes sensitive strategic contracts need lawyers to create News Releases that don't cross and Federal Laws. If the information came to the company yesterday they would not had a chance to release the information.
4. The news is not good ( CV19 test rejected as an example) and again the wording of the N/R and or the simultaneous release of other compensating/balancing news would be in play.
5. ( MOST LIKELY) Jeff Stevens is self-serving by nature and would not have released his non-descript text unless there is a benefit to him. (a) DM is going to come out ahead (b) Jeff is the new boss at the new company. In either case Jeff wins and hopefully we do as well.
As Always
JMHO