Chapter | Strategic Issues in Finance | 1993

The Adjustment of Stock Prices to New Information

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

Keywords: Stocks; Financial Markets; Information; Fluctuation; Financial Services Industry;

Citation:

Fama, Eugene F., Lawrence Fisher, Michael C. Jensen, and Richard J. Roll. "The Adjustment of Stock Prices to New Information." In Strategic Issues in Finance, edited by Keith Wand. Butterworth-Heinemann, 1993. (Previously published in International Economic Review, Vol. 10 (Feb. 1969) and Investment Management: Some Readings, J. Lorie and R. Brealey, Eds (Praeger Publishers, 1972))