This sentence means that a mechanism called “**circuit breaker**” was applied in the stock market and**trading was suspended due to the rapid rise in the stock price of the Grimps Group**.
### WHAT IS A CIRCUIT BREAKER?
A circuit breaker is a mechanism in the stock market or commodity market** that suspends trading when prices fluctuate rapidly. This mechanism has been put in place to prevent abnormal price fluctuations from causing market turmoil and to give investors time to calmly assess the situation.
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### How circuit breakers work due to rising stock prices
- **Price Limit (Cap) Reached **: Trading was automatically suspended as Grimps Group's stock price rose rapidly and reached the upper limit of the increase range set by the market.
- **Purpose of the suspension**: This allows investors and traders time to organize information and consider future transactions during this time.
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### Situation when circuit breakers are applied
- **Reason**: High volume purchase orders are often generated, and positive news or performance improvement announcements are often in the background.
- **Pause Time**: Transactions usually resume after a few minutes to a set amount of time.
- **Effects after restart**: Stock prices may rise further during the reopening, but conversely, they may calm down.
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### Conclusion
The fact that “Grimps Group shares rose due to a circuit breaker and came to a standstill” indicates that **a sharp rise in stock prices is in a special situation attracting attention in the market**. There is a possibility that this situation is strongly related to the impact of news and market expectations.