Question
A few days ago, Apple released their quarterly financial data.Revenue and profit were down, but the stock market responded positively to the news (Apple share
A few days ago, Apple released their quarterly financial data.Revenue and profit were down, but the stock market responded positively to the news (Apple share prices went up).Explain how this is not necessarily inconsistent with the efficient market hypothesis.
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International Business Competing in the Global Marketplace
Authors: Charles W. L. Hill
11th edition
1259578119, 978-1259578113
