Business, 08.04.2020 03:09 kay4451

When the CEO of Apple, Steve Jobs, passed away on October 4, 2011, the stock of Apple fell by close to 10% while S&P 500 went up by a little over 2%. The beta of Apple is positive (that is if the market goes up, then Apple stock should also go up). This is an example of:

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When the CEO of Apple, Steve Jobs, passed away on October 4, 2011, the stock of Apple fell by close...

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