asked 132k views
5 votes
Aria has heard a rumor that a major food company will be forced to recall millions of jars of peanut butter. due to contamination If the rumors are true, the company's stock price will decline sharply. Which one of the following strategies would allow Jennifer to earn a profit if the rumor proves to be true

asked
User Amirhe
by
8.2k points

1 Answer

7 votes

Answer: For her to sell the stock short immediately

Step-by-step explanation:

Aria would have to employ selling the stock short immediately for her to gain profit, As people would want to buy much when she does so.

answered
User Nilo
by
8.2k points
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