Concepedia

The Adjustment of Stock Prices to New Information

Eugene F. Fama, Lawrence Fisher, Michael C. Jensen, Richard Roll

International Economic Review · 1969 · 3.6K citations · 0 references

Concepts

BusinessBusiness EconomicsEconomicsFinancial EconomicsFinancial MarketsPricing TheoryAsset Pricing EmpiricsCapital MarketsInformation EconomicsMarket EfficiencyStock MarketsMarket Price AdjustmentMarket Reaction To Information