Multiple Choice
Look Good, Inc.has just announced the bad news that its earnings have dropped by 30 percent.In fact, its investors had anticipated even worse results (a decrease of 40 percent) .As a result, Look Good's stock price:
A) Increases.
B) Remains the same.
C) Decreases.
D) Follows a random walk as usual.
Correct Answer:
Verified
Correct Answer:
Verified
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