If the public expects a corporation to lose 5 a share this, Financial Management

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If the public expects a corporation to lose 5 a share this

If the public expects a corporation to lose $5 a share this quarter and it actually loses $4, which is still the largest loss in the history of the company, what does the efficient market hypothesis say will happen to the price of the stock when the $4 loss is announced?

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Financial Management: If the public expects a corporation to lose 5 a share this

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Financial Management: If the public expects a corporation to lose 5 a share this

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