Companies that mention hurricane damage in their 10-Ks see their stocks fall 5% in the following year

Good morning, After striking Cuba on Tuesday with winds up to 125 miles per hour, Hurricane Ian is now a Category 4 storm as it approaches Florida’s west coast. Hurricane damage can be devastating and costly. But when it comes to corporations, research also links hurricane damage to a loss in market value. Companies that […]

Companies that mention hurricane damage in their 10-Ks see their stocks fall 5% in the following year
Good morning, After striking Cuba on Tuesday with winds up to 125 miles per hour, Hurricane Ian is now a Category 4 storm as it approaches Florida’s west coast. Hurricane damage can be devastating and costly. But when it comes to corporations, research also links hurricane damage to a loss in market value. Companies that […] Read More