LookGood, Inc. has just announced the bad news that its earnings have dropped by 30 percent. In fact, its investors had anticipated even worse results (a decrease of 40 percent). As a result, LookGood's stock price:
A) Remains the same.
B) Increases.
C) Decreases.
D) Follows a random walk as usual.
Answer: B) Increases.
Business
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