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Find an announcement of new information made within a month from today (i.e., earnings announcement, merger, etc.) for any publicly traded stock that moves the
Find an announcement of new information made within a month from today (i.e., earnings announcement, merger, etc.) for any publicly traded stock that moves the stock price at least 1%. Print out or draw a chart that shows at least 2 days before the event and at least one day after. (a) Using this chart, analyze if the evidence is consistent with the semi-strong form market efficiency. (b) Is the stock market reaction consistent with the strong form of market efficiency? Find an announcement of new information made within a month from today (i.e., earnings announcement, merger, etc.) for any publicly traded stock that moves the stock price at least 1%. Print out or draw a chart that shows at least 2 days before the event and at least one day after. (a) Using this chart, analyze if the evidence is consistent with the semi-strong form market efficiency. (b) Is the stock market reaction consistent with the strong form of market efficiency
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