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Sedbober [7]
3 years ago
13

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
Business
1 answer:
Nataly_w [17]3 years ago
3 0
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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