If the market is __________ -form efficient, the stock price will react rapidly when relevant news that changes the market expectations concerning a company is announced.
A) weak
B) semi-weak
C) semistrong
D) strong
E) asymmetric

Question

Quizplus · Accepted Answer

In a semistrong-form efficient market, all publicly available information is already reflected in stock prices, so prices adjust quickly to new public information.

If the Market Is __________ -Form Efficient, the Stock Price