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MrRhoades Is the CEO of Daily News

question 26

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Mr.Rhoades is the CEO of Daily News.The majority of stockholders do not approve of the decisions made by Mr.Rhoades and have repeatedly requested that he be ousted.Over the last couple of months,it has become apparent that the CEO is going to be replaced by a member of the board,Mr.Bentley,who is highly respected.This morning,the official announcement was made that Mr.Rhoades has stepped down and will be replaced immediately by Mr.Bentley.How is the stock price of the Daily News most apt to react to this announcement?


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Bundled Price

A pricing strategy where multiple products or services are sold together at a single price point.

Government Jobs

Employment positions offered by the state, local, or federal government, often providing stability and benefits.

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