Shares of Swedish biometric firm Fingerprint Cards come to a grinding halt

The reason for suspension is due to non disclosure of inside information,” said Nasdaq Stockholm in a statement.

Trading in the shares of Fingerprint Cards (FPC) came to a halt on Tuesday following the issuance of a warning by a brokerage firm to analysts that the Swedish biometric firm faced too high market expectations for the first quarter, which sent down its shares by 8%.

“The reason for suspension is due to non disclosure of inside information,” said Nasdaq Stockholm in a statement.

In a research note, Pareto Securities stated the market consensus for the firm were too high, especially for the first quarter.

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