High Tech Corp. cut its research and development budget in $2023$ by $$4,000\mathrm{.}000$ in order to improve its cash flow for the year. Which of the following statements is MOST correct?

The stock price will likely increase because the value of stock is based on reported cash flows.

The stock price may decrease because investors may predict that future cash flows will decrease due to the lack of innovation and new products.

The change will have no impact on stock price because the company's profics will not change in $2023.$

The stock price will increase only if reported profits in $2023$ are higher that profits reported in $2022.$