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Discussion of “Information distribution within firms: evidence from stock option exercises”

✍ Scribed by Ron Kasznik


Book ID
117337124
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
94 KB
Volume
34
Category
Article
ISSN
0165-4101

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Is reversal of large stock-price decline
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## Abstract The role of option markets is reexamined in the reversal process of stock prices following stock price declines of 10% or more. A matched pair of optionable and nonoptionable firms is randomly selected when their price declines by 10% or more on the same date. The authors examine the 1,