Question: Analysis expects Better Days, Inc to have negative earnings. When earnings are announced, the actual earnings are slightly better than anticipated but still negative. As
Analysis expects Better Days, Inc to have negative earnings. When earnings are announced, the actual earnings are slightly better than anticipated but still negative. As far as the firm's stock price goes, the new is likely to have a/an:
A. slow and slightly negative effect
B. immediate and significantly negative effect
C. immediate and slightly negative effect
D. immediate and slightly positive effect
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