Finally a reporting period with new data from companies for investors to absorb. It is often said that the market is quick to price in new information. But is that really true or is there an anomaly that we can keep in mind when...
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During reporting periods, I always worry about price reactions. How the market receives a report gives an indication of future price development. A stock that rises on a bad report is a signal that the stock is demand-driven. Investors tend to underreact to positive...