More on public information and stock price
Autor: | J. Kenton Zumwalt, Charles M. Linke |
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Rok vydání: | 1980 |
Předmět: | |
Zdroj: | Journal of Business Research. 8:81-87 |
ISSN: | 0148-2963 |
Popis: | In a recent issue of this journal [2] McCain and Millar examined whether “favorable” and unfavorable” stock analyses appearing in the Wall Street Journal column “Heard on the Street” could be used to predict one-day, seven-day, and six-month price movements of the affected stocks. In this note we question the conclusions of that study based upon methodological grounds. |
Databáze: | OpenAIRE |
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