After the sudden death of the company's CEO,many stockholders sold their shares.This is an example of

Question

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The sudden death of the CEO likely caused panic among the stockholders who feared that the company's future success and profitability would be in jeopardy. As a result, they sold their shares in a rapid manner, leading to a drop in the company's stock price. This type of reaction is characteristic of panic.

After the Sudden Death of the Company's CEO,many Stockholders Sold