- Executive summary The stock prices often fluctuate after the quarterly or interim financial performance report is publicized by the companies. The impact of one such profit announcement by Woolworths Limited on 28 Feb., 2014 has been captured and investigated for its impact on the company’s stock price movements. The company has announced that the net profit after tax from continuing operations has shown an increment of 6% over the previous year. The results substantiated very minor impact of the profit announcement on the post-announcement stock return of Woolworths Limited, which increased a bit post profit announcement. ...
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