After a stock falls sharply because of bad news it sometimes seems to rally over the next few days. This is not the market realizing it has made a mistake and re-pricing to a higher level, it is a temporary rise often due to short covering.
After a stock falls sharply because of bad news it sometimes seems to rally over the next few days. This is not the market realizing it has made a mistake and re-pricing to a higher level, it is a temporary rise often due to short covering.
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