3 ms·
>"Zuckerberg hosts weekly meetings where he shares details of unreleased new products and strategies in front of thousands of employees. Even junior staff membe
by bob_theslob646 9y ago
>"Zuckerberg hosts weekly meetings where he shares details of unreleased new products and strategies in front of thousands of employees. Even junior staff members and contractors can see what other teams are working on by looking at one of many of the groups on the company’s internal version of Facebook."
No kidding they watch! When you are a publicly traded company, any form of information that is leaked, can have an enormous effect on the price.
As a former trader, I would live for those days of information leak!
(What Drives Stock Price Behavior Following Extreme One-Day Returns)(2003)[http://onlinelibrary.wiley.com/doi/10.1111/1475-6803.00048/full http://onlinelibrary.wiley.com/doi/10.1111/1475-6803.00048/f...]
(How do stocks react to extreme market events? Evidence from Brazil)(2017)[https://www.mcgill.ca/desautels/files/desautels/overreaction_to_extreme_market_events_in_brazil_ribaf42dec2017.pdf https://www.mcgill.ca/desautels/files/desautels/overreaction...]