Post-earnings-announcement drift refers to the fact that it takes up to 90 days for security prices to react significantly to earnings announcements.
Correct Answer:
Verified
Q32: The relationship between earnings and stock prices
Q33: The study by Lev that examined earnings
Q34: Research studies have predominantly supported the naive-investor
Q35: Accounting-based ratios have not been very useful
Q36: Accounting information ranks at the top on
Q38: Which of the following would be an
Q39: The usefulness of accounting information may be
Q40: Which of the following is
Q41: Which of the following findings would support
Q42: Which of the following statements applies to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents