zvoldahl7254 zvoldahl7254

10-12-2017
Business

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Geothermal corp. just announced good news: its earnings have increased by 20%. most investors had anticipated an increase of 25%. will geothermal stock price increase or decrease when the announcement is made

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shinmin shinmin

20-12-2017

The answer would be the stock price will decrease. The reason behind this is the original price replicates an expectation or looking forward of a 25% upsurge in the company’s earnings. The actual increase is a dissatisfaction compared to original expectations.

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