When markets react instantaneously to the release of new information it is a sign of?
A. market efficiency
B. Illegal Trading
C. Market Segregation
D. None of the above
Stock prices tend to already reflect ________EPS when markets are different.
A. Unexpected
B. Expected
C. Moderate
D. None of the above
If earnings are released that are 20 cents below expectations the price of a stock will very likely_________
A. Decrease
B. Increase
C. Remain the same
D. Increase and then decrease