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In recent months, Disney share price steadily increased to ( $ 150 ) (Jan 1st) due to speculation that Disney is on the verge of
In recent months, Disney share price steadily increased to ( $ 150 ) (Jan 1st) due to speculation that Disney is on the verge of a new development. On the morning of Jan 2nd, Disney announced they will acquire Netflix. In doing so, Disney will be the global leader for online streaming services. However, the share price for Disney remained unchanged at ( $ 150 ) per share for 2 weeks after the announcement. Which form of market efficiency does the situation show? a. Strong Form b. Semi Strong Form c. Weak Form d. Semi Weak Form e. Strong Weak Form
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Financial Accounting An International Perspective
Authors: Arne Kinserdal
2nd Edition
0273631543, 978-0273631545
