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Consider an efficient capital market. If the flow of information concerning a stock is correlated such that good news tends to follow good news and

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Consider an efficient capital market. If the flow of information concerning a stock is correlated such that good news tends to follow good news and bad news follows bad news, would you expect price changes in the stock to be correlated? In other words, once good news begins to be released, would stock prices follow an upward trend as additional good news is released? Explain

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