The Wayward Co

question 4

Multiple Choice

The Wayward Co. announced last week that their unpopular CEO resigned. In response to this announcement, Wayward's stock price increased from $18 a share to $23 a share and has remained constant at that level. This is an example of a(n) :

• A) over-reaction and correction.
• B) inefficient market.
• C) delayed reaction.
• D) pre-activity action.
• E) efficient market reaction.

---

Definitions:

Support Networks

Groups or systems providing assistance or resources, fostering interconnectedness among its members for mutual benefit.

Polarized Crowds

Groups of individuals divided in opinion, often leading to intense disagreement and lack of consensus on a subject.

Pew Research Center

A nonpartisan fact tank that provides information on social issues, public opinion, and demographic trends shaping the world.

Social Norms

Implicit rules or guidelines within a society or group that dictate acceptable behaviors, values, and beliefs.