Describe decision making as to keep the stock

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Describe Decision making as to keep the stock or sell the given stock

Assume that you work for a corporation and discover that news of a new product it developed had contributed greatly to the recent rise in its stock price. Your company's new product has been rendered obsolete by the new product of a competitor. You own a substantial number of shares of the corporation's stock. The news of the competitor's discovery has not been made public. Should you sell the stock?

Reference no: EM1315390

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