A post by @FirstSquawk on X.
Japan Tobacco shares hit the daily lower limit as overwhelming sell orders prevent trading.
@FirstSquawk on X
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
The stock was locked at the exchange's maximum daily decline, with the order book so one-sided that no transactions could clear. The move reflects a sharp collapse in demand for the cigarette maker's stock, though the article did not specify the percentage decline or the catalyst behind the selling. Trading is effectively frozen until buyers step in or the limit is lifted.
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Named in this story
Japan Tobacco