PT GoTo Gojek Tokopedia Tbk shares (GO TO) fell again today to hit the lowest level of decline in a day or the automatic rejection lower (ARB). This is the fourth time GOTO shares have fallen to ARB.
Quoted from RTI data, on Tuesday (6/12/2022), GOTO shares as of this morning dropped 8 points or 6.50% to a level of Rp. 115 from the previous position of Rp. 115.
A total of 173.6 million GOTO shares were traded. The value of the transaction reached IDR 19.97 billion.
Actions GO TO itself has declined until ARB has been in volume since December 1st. Every trading day for the stock to date GOTO stock continues to fall on ARB.
This drop in shares occurred after the freeze period for GOTO shares ended on November 30, 2022. This means that as of December 1, 2022, the freeze has been opened for investors before the IPO and they can enter into sales transactions.
Actions GO TO itself is now no longer on the motherboard. GOTO enters a new board, namely the new economic board along with 2 other stocks, namely PT Global Digital Niaga Tbk (BELI) aka Blibli and PT Bukalapak.com Tbk (BUKA).
Also watch the video: GoTo mass layoffs of 1,300 employees, here’s why