PBF.CN Planet Based Foods Global Inc. (CNQ) down 81.82% intraday: watch liquidity risk

PBF.CN Planet Based Foods Global Inc. (CNQ) down 81.82% intraday: watch liquidity risk

PBF.CN stock fell sharply on CNQ today, sliding 81.82% to C$0.01 on heavy trade during market hours. Planet Based Foods Global Inc. (CNQ) saw volume jump to 35,000 shares versus a 50-day average of 2,783, a relative volume of 12.58 that points to forced selling or a liquidity squeeze. There is no major company press release in public feeds to explain the move, which raises questions about short-term volatility and trading mechanics for this Canadian-listed hemp-based food maker.

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