The semistrong efficiency of market implies that:
A)stock prices fully reflect all inside information.
B)stock prices do not reflect information contained in past trading volume.
C)stock prices fully reflect all publicly available information.
D)stock prices fully reflect all information about future price changes.

Question

Quizplus · Accepted Answer

Semistrong efficiency of the market states that the stock prices reflect all publicly available information. This includes information from financial statements, news articles, and other publicly available sources. However, it does not necessarily reflect all information, including insider information or information that is not yet publicly available.

The Semistrong Efficiency of Market Implies That