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28 October, 07:49

Geothermal corp. just announced good news: its earnings have increased by 20%. most investors had anticipated an increase of 25%. will geothermal stock price increase or decrease when the announcement is made

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  1. 28 October, 11:24
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    The answer would be the stock price will decrease. The reason behind this is the original price replicates an expectation or looking forward of a 25% upsurge in the company’s earnings. The actual increase is a dissatisfaction compared to original expectations.
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