Question
Recently Baby Bunting (BBN.AX) released their annual results which showed positive results with an 8.3% increase in sales and a 14.6% increase in profit. On
Recently Baby Bunting (BBN.AX) released their annual results which showed positive results with an 8.3% increase in sales and a 14.6% increase in profit. On the day of the announcement, Baby Bunting shares traded 5% lower. Why do you think the share price fell? What might you infer about market efficiency? Does the companys future look good? What risks remain?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
8th Edition
0324258917, 9780324258912
