GoTo Group shares plunge after Indonesia’s stock exchange removes a 50-rupiah price floor. The change lifts a mandated minimum trading price, which had previously limited how far the stock could fall and delayed investor exits.
According to the outlets, the removal triggers pent-up selling pressure because some investors were unable to sell below the minimum price while the floor was in place. Once the constraint is lifted, sellers can act immediately at market prices, contributing to the sharp decline. Both reports describe the same exchange action and the same mechanism—investors waiting to exit at the floor’s limits—without adding materially different explanations for the move.
