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Business, 17.12.2019 21:31 MoltenSansriel1933

Dover lumber announced last week that its unpopular ceo had resigned. in response tothis announcement, the firm's stock price increased from $17 a share to $23 a share. thefollowing day the price declined to $21 a share and has remained constant at that level. this is an example of a(n): 33)

a)efficient market reaction.
b)pre-activity action.
c)over-reaction and correction.
d)delayed reaction.
e)underpricing.

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