Last Week, Janus Plastics Announced That They Had Developed a New

question 106

Multiple Choice

Last week, Janus Plastics announced that they had developed a new plastic container that was stronger and more durable and also easier to recycle. In response to this announcement, Janus' stock price rose from $23 a share to a high of $36 a share and then settled back to $27 a share. This is an example of a(n) :

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

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Definitions:

Automatic

Operating or moving independently of human control or intervention.

Delirium

describes a sudden change in the brain that causes mental confusion and emotional disruption, often temporary.

Mental Confusion

A state of bewilderment or perplexity, often resulting from a disruption of one’s mental faculties.

Hallucinations

Perception-like experiences without an external stimulus, such as seeing or hearing things that aren't present.