I couldn't find this information anywhere. Do US stocks have a limit for how much they can move in a day? I often find stocks moving by 50% or more. (In India, other than the most liquid stocks, majority of stocks have a 20% limit).
No, but in special circumstances, such as bad news, trading can be halted for a period of time to let the news sink in to prevent unwarranted, large drops in price.
you know of any instance in which trading was halted for a stock? (It was done in case of Satyam ADR).
Yes I know in India we have this law .. however, I dont think its applicable anywhere else instead of china !
In ths US it happens every now and then. What is a lot more common is for there to be a delayed opening for a stock that broke bad news the day before after the market closed. The US markets have some limit switchs on computer driven progammed trades if the market falls by a certain % during the course of a single day. The amount is different for each of the 3 market places.
I once had a few hundred shares of STSI and bad news came out and as a result the stock plummeted and they had to halt trading.