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Please help I will upvote immediately Why might the Neglected Firm Effect actually confirm (not disprove) EMH? Actually, the Neglected Firm Effect does disprove EMH.

Please help I will upvote immediately

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Why might the Neglected Firm Effect actually confirm (not disprove) EMH? Actually, the Neglected Firm Effect does disprove EMH. O Strong form EMH suggests that insiders can earn superior returns. The Neglected Firm Effect can be primarily explained through application of material nonpublic information. O Little is publicly known about neglected firms, so it makes logical sense that they might generate superior returns

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