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Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
Edition 4ISBN: 978-0078025372Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
Edition 4ISBN: 978-0078025372 Exercise 65
Charting Stock Price Movement around Important Announcement Dates
Using a Web search engine such as Google, find either an earnings or dividend announcement for two different companies. Using a source such as bigchdrts.eom , determine the closing stock price for each company for each day during the five business days before and after the announcement. Using a separate worksheet for each company, prepare a line chart of its stock price movement.
Required:
Examine the charts for each company. Does the stock price appear to change as a consequence of their announcements Explain why or why not.
Using a Web search engine such as Google, find either an earnings or dividend announcement for two different companies. Using a source such as bigchdrts.eom , determine the closing stock price for each company for each day during the five business days before and after the announcement. Using a separate worksheet for each company, prepare a line chart of its stock price movement.
Required:
Examine the charts for each company. Does the stock price appear to change as a consequence of their announcements Explain why or why not.
Explanation
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Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
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