Trading was halted in Hal Roach Studios stock.

The company requested the action after its shares jumped 26% in value in over-the-counter trading. The stock rose $2 per share to $9.625 amid speculation that the studio is planning a major acquisition. Roach spokesman Earl Glick declined to comment further until an official announcement is made today. However, industry observers said they believe that Roach is likely going to make an major acquisition or announce a major joint venture.