Halkbank Stock Surges 4% Following DOJ Dismissal Bid
Halkbank shares rallied 4% in active trading after the U.S. Department of Justice (DOJ) requested a dismissal of the long-standing legal case against the lender. The motion marks a significant pivot in the protracted litigation, easing investor concerns regarding potential regulatory penalties. Market sentiment turned bullish as traders reacted to the potential removal of a major geopolitical and legal overhang that has historically pressured the bank’s valuation.