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Author Question: The stock price of PHRM declined by 30% when the FDA did not approve a promising new therapy the ... (Read 151 times)

BSITTON

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Question 1

One of the calendar effect market anomalies indicates that ________ in value during January.
◦ large cap stocks tend to decline
◦ equities in general tend to decline
◦ small cap stocks outperform large cap stocks
◦ equities in general tend to increase

Question 2

The stock price of PHRM declined by 30% when the FDA did not approve a promising new therapy the company was developing.  Patrick holds on to the stock and constantly searches the internet looking for favorable stories about the company while ignoring a cascade of negative reports. This is an example of
◦ anchoring.
◦ overconfidence.
◦ belief perseverance.
◦ narrow framing.


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Marked as best answer by BSITTON on Mar 29, 2022

fdsajkl

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BSITTON

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Reply 2 on: Mar 29, 2022
Great answer, keep it coming :)


cassie_ragen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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