September 10, 2024
Effect of Volkswagen's Planned Factory Closure on Sentiment and Share Price
The image shows how VW's share price reacted after announcing their first planned closure of a German factory.
In our research we've identified a consistent 1-2 day negative return for stocks following a surprising negative news release. This average negative return is still true for both small and large stocks, including constituents of major global indices. Report coming soon.