A market that is semi-strong form efficient is consistent with the idea that there are abnormal returns from:
A) insider trading.
B) financial analysis.
C) technical analysis.

Question

Quizplus · Accepted Answer

In a semi-strong form efficient market, all publicly available information is already reflected in stock prices, making it impossible to achieve abnormal returns through financial or technical analysis. However, insider trading can still lead to abnormal returns because it involves access to non-public, material information.

A Market That Is Semi-Strong Form Efficient Is Consistent with the Idea