Elong Power Plunges 71.49% on Volatility Trading Pause

On May 29, 2025, Elong Power experienced a significant drop of 71.49% in pre-market trading, leading to a trading halt due to volatility. This interruption, known as a volatility trading pause, is implemented to stabilize the market when a stock exhibits significant price fluctuations.

Elong Power Holding Ltd. has been under scrutiny due to its recent volatility. The company's stock has been halted multiple times, indicating significant market concerns. The volatility trading pause is a mechanism to prevent further drastic price movements and to allow the market to stabilize.

Elong Power Holding Limited, operating in the Producer manufacturing sector, has seen a notable decline in its stock price. This dip has raised concerns among investors and analysts, who are closely monitoring the company's performance and market conditions.