In Investment Finance we talked about the EMH and the Random Walk Theory. Well, Steve Jobs of Apple resigned as CEO of Apple after the market closed on Wednesday the 24th. Interesting to see the market reaction in after hours trading and on Thursday morning to the news. Seems like a page out of the EMH/Random Walk chapter.
Here's the WSJ's coverage of Jobs resignation:
http://online.wsj.com/article/SB10001424053111904875404576528981250892702.html?mod=igoogle_wsj_gadgv1&
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