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Question 24 (3 points) Which of the following is NOT correct with respect to the Efficient Market Hypothesis? Semi-strong form efficiency says that if a

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Question 24 (3 points) Which of the following is NOT correct with respect to the Efficient Market Hypothesis? Semi-strong form efficiency says that if a company announces a labor strike, the stock price very quickly adjusts downward. Evidence suggests that markets are NOT strong form efficient. Weak form efficiency says that technical analysts who study charts of stock prices and volumes can make abnormally good returns, after considering the risk the assume. Semi-strong form efficiency says that when Stryker makes an earning announcement, the stock price quickly reflects the new information. If markets are semi-strong form efficient, then fundamental analysts would not be able to earn abnormmly good returns, after considering the risk they assume

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