Wut?
U.S. regulations have three levels of a circuit breaker, which are set to halt trading when the S&P 500 Index drops 7%, 13%, and 20%.
Granted that’s the main market index not an individual security, but a 5-11% drop is significant. Iirc the last time it ended the day’s trading for the S&P was the start of COVID, when investors ran a fire sale liquidation because nobody knew if the whole world was going to die.
A downswing is a hurdle to recover from in raw math terms, and represents a bigger blow to vibes based trading, especially given the legislative (virtue signaling so far) action on anti-trust, or the current popular sentiment against insurers.
People SCREAMED at the party. Muslim Democrat voters made all the democracy moves, and got told to get lost:
The party has to be listening for anyone’s voice to be heard. Until you hit your FEC donor limit and the throw down even more for a Super PAC, or pay for a seat at fundraiser dinner/chat a you’re definitely a nobody to them. We need a new party: