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Good News Inc just announced an increase in its annual earnings yet its stock price fell. Is there a rational explanation for this phenomenon LO 8-1 Shares of small firms with thinly traded

  1. Good News, Inc., just announced an increase in its annual earnings, yet its stock price fell. Is there a rational explanation for this phenomenon? (LO 8-1)

  2. Shares of small firms with thinly traded stocks tend to show positive CAPM alphas. Is this a violation of the efficient market hypothesis? (LO 8-3)

Jun 17 2020 View more View Less

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