The Delisting of a Stock from the New York Stock

question 45

True/False

The delisting of a stock from the New York Stock Exchange tends to have a neutral effect on the stock on the last day of trading. However, the stock normally has downward movement approximately six months later.

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Definitions:

Delayed Reinforcers

A reward that does not immediately follow the desired behavior, which can still effectively modify behavior over time.

Primary Reinforcer

A stimulus that satisfies a basic biological need and does not require learning to be effective, such as food or water.

Basic Physical Need

A basic physical need refers to fundamental requirements for human survival, such as food, water, shelter, and sleep.

Discriminative Stimulus

A stimulus in the presence of which a particular response is reinforced, and in the absence of which that response is not reinforced, in the context of operant conditioning.