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25. Suppose that you know that a company's stock price reacts tosclently to earnings announcements. Draw a graph to demonstrate the sequence that occurs when

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25. Suppose that you know that a company's stock price reacts tosclently to earnings announcements. Draw a graph to demonstrate the sequence that occurs when this company's stock price under reacts to negative earnings news (as I demonstrated in class) and then explain what you would do to explolt this violation of semi-strong ethiciency. Be specific in your answer as to how you strategy would work. Show your work in the uploaded document, 25. Suppose that you know that a company's stock price reacts tosclently to earnings announcements. Draw a graph to demonstrate the sequence that occurs when this company's stock price under reacts to negative earnings news (as I demonstrated in class) and then explain what you would do to explolt this violation of semi-strong ethiciency. Be specific in your answer as to how you strategy would work. Show your work in the uploaded document

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