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Suppose analysts expect 2019 earnings to be $1B for Lyft and $1.5B for Uber. Lyft announces $1.13 and Uber announces $1.38. Under the efficient market

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Suppose analysts expect 2019 earnings to be $1B for Lyft and $1.5B for Uber. Lyft announces $1.13 and Uber announces $1.38. Under the efficient market hypothesis, what happens to the stocks on the day of the announcement? O A. Both Lyft and Uber go up, but Lyft goes up by more. OB. The stock prices don't move because all the information was already incorporated. C. Lyft goes up, Uber goes down OD. Both Lyft and Uber go up. Best Selection Question 3 of 4 1 Points Points deducted for incorrect answer: 10 Under the efficient market hypothesis, what happens to Lyft and Uber stocks in the days following the announcements? A. Lyft goes up, Uber goes down. B. The stock prices don't move because all the information was already incorporated. G. Both Lyft and Uber go up. D. Both Lyft and Uber go up, but Lyft goes up by more. Best Selection In practice, what happens to Lyft and Uber stocks in the days following the announcements? O A. Lyft goes up, Uber goes down. OB. Both Lyft and Uber go up. OC. Both Lyft and Uber go up, but Lyft goes up by more. D. The stock prices don't move because all the information was already incorporated. Reset Selection

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