Todav companv ABC just makes anearnings announcement for the quarter that is 10% lower than average analysts'
Fantastic news! We've Found the answer you've been seeking!
Question:
Todav companv ABC just makes anearnings announcement for the quarter that is 10% lower than average analysts' projection.
What will be a typical market reaction?
You friend considers selling the stock now?
What will you advise her if you believe the market is in semi-strong torm ethiciency?
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date: