In today’s briefing:
- Financial Disclosures During Trading Hours Was Disappointing in 2Q, but Will Increase Gradually
Financial Disclosures During Trading Hours Was Disappointing in 2Q, but Will Increase Gradually
- Comparing the disclosure time of 2Q financial statements to a year ago, the extension of trading hours has had an impact on the disclosure time of companies.
- After November 5, when trading hours were extended, 31.6% of companies disclosed by 3:29 p.m. The remaining 68.4% moved down their disclosure time.
- The 2Q results didn’t include companies that were proactive about early disclosure, and it is expected that some of the more cautious companies will switch to disclosure during trading hours.
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