In: Finance
[Total: 20 marks]
Equifax (ticker: EFX) is a listed company on the NYSE. Look at the daily share price of the company for the period 1st January2017 to 1stJanuary 2018. Identify any major news, events or issues related to the company that impacted EFX’s share price by 5% or more on the day of release. You should include a price chart at bare minimum, with annotation, which clearly shows each major news impact on the price. .
Evaluate the news impact on price and provide an explanation as to what happened and why it impacted the share price. Carefully evaluate whether the actual effect of the issue matches your expectations based on the theoretical effect, and provide an explanation if you believe there is a difference. .
Solution:
The graph is prepared and the explanation of rise or fall of 5% is given in the excel sheet