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What Is Post-Earnings-Announcement Drift, and What Are Possible Causes for This

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What is post-earnings-announcement drift, and what are possible causes for this phenomenon?


Definitions:

Culture of Origin

Refers to the cultural environment in which a person was raised, encompassing traditions, values, norms, and practices.

Drinking Rules

Socially or culturally defined guidelines that regulate the consumption of alcohol in various contexts and situations.

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, characterized by delusions, hallucinations, and other cognitive difficulties.

Heritable Component

The portion of variation in traits among individuals in a population that is due to genetic differences.

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