Multiple Choice
LookGood,Inc.has just announced the bad news that its earnings have dropped by 30%.In fact,its investors had anticipated even worse results (a decrease of 40%) .As a result,LookGood'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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