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montjoyyesterday at 8:22 PM1 replyview on HN

My only question is, why release on a Friday? “News dump day” Or is that only late on Friday?


Replies

hellojesusyesterday at 10:00 PM

Friday 1pm ET markets close, so news doesn't affect stock prices until the following Monday, giving emotions time to settle and everyone an approximately equal opportunity to react.

This doesn't seem like market-moving material, but maybe it's just status quo.