Nasdaq Halts Magnitude International Ltd
Rhea-AI Summary
Nasdaq (Nasdaq: NDAQ) announced a trading halt in Magnitude International Ltd (Nasdaq: MAGH) while Nasdaq requests additional information from the company.
The Securities and Exchange Commission previously suspended trading in MAGH from 04:00 on Dec 5, 2025 to 23:59 on Dec 18, 2025. The last reported sale price was $6.76. Trading will remain halted until Magnitude fully satisfies Nasdaq’s information request.
Positive
- SEC suspension ended on Dec 18, 2025
- Last reported sale price: $6.76
Negative
- Trading halted by Nasdaq pending additional information
- SEC suspended MAGH trading from Dec 5, 2025 to Dec 18, 2025
- Trading will remain halted until company fully satisfies Nasdaq’s request
News Market Reaction 1 Alert
On the day this news was published, NDAQ gained 0.69%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
While NDAQ is up 1.07%, key peers are down: MSCI -0.14%, ICE -0.73%, MCO -0.84%, CME -2.55%, and COIN -5.49%, indicating today’s strength is stock-specific rather than sector-wide.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 15 | Debt tender pricing | Positive | -0.7% | Priced cash tenders and increased caps for 2028 and 2052 notes. |
| Dec 15 | Debt tender results | Positive | -0.7% | Early tender results showed oversubscription and higher caps for notes. |
| Dec 12 | Index reconstitution | Neutral | -0.7% | Annual Nasdaq-100 reshuffle affecting multiple large-cap constituents. |
| Dec 09 | Short interest report | Neutral | +1.3% | Published end-of-month Nasdaq short interest statistics across markets. |
| Dec 09 | New listing move | Positive | +1.0% | Walmart completed transfer of listing to Nasdaq and began trading. |
Recent NDAQ news has been largely operational or capital-structure related, with mixed short-term price reactions and a slight tilt toward divergence when capital management actions are announced.
Over the past few months, Nasdaq (NDAQ) has focused on capital structure optimization and index and listing developments. Cash tender offers for 2028 and 2052 notes on Dec 15, 2025 coincided with modest share declines, while operational updates like the Nasdaq-100 reconstitution and Walmart’s Nasdaq debut on Dec 9, 2025 aligned with positive or mixed moves. Today’s halt notice for MAGH reflects Nasdaq’s regulatory role rather than a direct change in NDAQ’s own fundamentals.
Market Pulse Summary
This announcement highlights Nasdaq’s regulatory role in halting trading of MAGH after an earlier SEC suspension, pending additional information from the company. For Nasdaq (NDAQ), the event is operational rather than financial, with the stock previously trading at 94.71, above its 200-day MA of 86.01 and near its 52-week high of 97.63. Investors may track how similar oversight actions and recent capital-structure steps, such as debt tenders, interact with overall sentiment toward the exchange operator.
AI-generated analysis. Not financial advice.
NEW YORK, Dec. 19, 2025 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading is halted in Magnitude International Ltd (Nasdaq: MAGH) for additional information requested from the company. Previously, the Securities and Exchange Commission effected a trading suspension in MAGH from 04:00:00 on December 5, 2025 to 23:59:00 on December 18, 2025. The last sale price of the company’s shares was
More information about the SEC’s order can be found at https://www.sec.gov/files/litigation/suspensions/2025/34-104317.pdf.
Trading will remain halted until Magnitude International Ltd has fully satisfied Nasdaq’s request for additional information.
For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.
For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.
Nasdaq Contact:
Nasdaq MarketWatch
nasdaqmarketwatch@nasdaq.com
NDAQO