Which of the following scenarios is inconsistent with a semistrong-efficient market? Multiple Choice A. Veeva's CEO sold 100,000...

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Finance

Which of the following scenarios is inconsistent with asemistrong-efficient market?
Multiple Choice
A. Veeva's CEO sold 100,000 shares of the company on Apr 1, 2017for $56 per share. On Apr 6, Veeva reported disappointing operatingresults which caused the stock price to plummet to $40.
B. Lyft's stock price jumped 15% from the IPO price when itstarted trading on Mar 28, 2019, its IPO day. The closing price wasalmost the same as the opening price.
C. Netflix's stock price jumped 12 percent on the day itannounced higher-than-expected growth rates in revenue. The pricekept rising in the subsequent 5 trading days with a total return of8 percent.
D. When rumor came out on Sept 8, 2010 that Steve Jobs washospitalized due to a heart attack, Apple's stock price plummetedby 10 percent within seconds.

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Option B Lyfts stock price jumped 15 from the IPO price when it started trading on Mar 28 2019 its IPO day The closing price was almost the same as the opening price Semistrong efficient See Answer

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Which of the following scenarios is inconsistent with asemistrong-efficient market?Multiple ChoiceA. Veeva's CEO sold 100,000 shares of the company on Apr 1, 2017for $56 per share. On Apr 6, Veeva reported disappointing operatingresults which caused the stock price to plummet to $40.B. Lyft's stock price jumped 15% from the IPO price when itstarted trading on Mar 28, 2019, its IPO day. The closing price wasalmost the same as the opening price.C. Netflix's stock price jumped 12 percent on the day itannounced higher-than-expected growth rates in revenue. The pricekept rising in the subsequent 5 trading days with a total return of8 percent.D. When rumor came out on Sept 8, 2010 that Steve Jobs washospitalized due to a heart attack, Apple's stock price plummetedby 10 percent within seconds.