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Question 3 3 pts MicroFun Corporation (MFUN) issues a worldwide recall on its skin care products because it has been discovered that they in fact
Question 3 3 pts MicroFun Corporation (MFUN) issues a worldwide recall on its skin care products because it has been discovered that they in fact CAUSE acne instead of curing it. MFUN stock immediately falls in value from $50 per share to $5 per share as investors panic and sell their positions. A week later, everyone realizes that skin care products only represent 1% of MFUN's overall sales. MFUN's stock price starts to go back up and eventually (2 weeks later) is back to $50 per share. This type of reaction in the market to the announcement by MFUN is best described as O Efficient O Overreaction / Correction Delayed O illegal
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