2023-05-12 10:19:56 ET
- TOP Financial ( NASDAQ: TOP ) plunged 40% and trading was halted after the U.S. Securities and Exchange Commission temporarily suspended trading due to concerns about the accuracy of its information.
- "The Commission temporarily suspended trading in the securities of TOP because of recent, unusual, and unexplained market activity raising concerns regarding the adequacy and accuracy of publicly-available information, in light of disclosures made concerning TOP’s financial condition and scope of operations," according to an SEC filing.
- Hong-Kong-based online broker TOP Financia l rocketed 441.1% on April 28.
- Developing story ...
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TOP Financial plunges after SEC suspends trading on concerns about recent trading