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Overnight, Tiger Technology reported a loss of 10 cents per share. Tiger's loss was not as bad as most analysts expected. In fact, the stock's
Overnight, Tiger Technology reported a loss of 10 cents per share. Tiger's loss was not as bad as most analysts expected. In fact, the stock's price fell by 30% yesterday because of one analyst said the company would lose at least 50 cents a share. Assuming the market is stable today and no other news is released, what performance would you expect for Tiger Tech's stock today?
a. Good (price should increase and reverse at least some of yesterday's decline)
b. Bad (price should decline move)
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