At GE's low after the report, it had fallen about 14% for a loss of $10 billion in market cap. You could interpret this as the market assigning an expected valu

At GE's low after the report, it had fallen about 14% for a loss of $10 billion in market cap. You could interpret this as the market assigning an expected value of fraud at GE of $10 billion. The report claims $38 billion in fraud, so either market participants don't believe the accusation, or fraud was already priced in. The stock has rebounded since, so seems like the big market voting machine thinks this report is bunk. Time will tell who is right.