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My only question is, why release on a Friday? “News dump day” Or is that only late on Friday?
by montjoy 5mo ago
My only question is, why release on a Friday? “News dump day” Or is that only late on Friday?
- hellojesus 5mo agoFriday 1pm ET markets close, so news doesn't affect stock prices until the following Monday, giving emotions time to settle and everyone an approximately equal opportunity to react. This doesn't seem like market-moving material, but maybe it's just status quo.