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a Which statement best describes the evidence of stock price changes around earnings surprises? A) When a firm release a positive earnings surprise, the stock price tends to go up quickly by the correct amount. B) When a firm release a positive earnings surprise, the stock price tends to move in the wrong direction. C) When a firm release a positive earnings surprise, the stock price tends to go up quickly, and by too much, thus needing to correct" a few days later. D) When a firm release a positive earnings surprise, the stock price tends to go up quickly but by somewhat less than the correct amount