For believers in EMH — the efficient market hypothesis — May 4 will be a fascinating day.

对信仰emh——有效市场假说——的人们来说，五月四日将是迷人的一天。

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According to efficient market hypothesis (EMH), security market is efficient and stock prices can reflect changed information fully.

有效市场假说认为市场是有效的，证券价格可以充分体现信息变化的影响。

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The core of Efficient Market Hypothesis (EMH) is that the price on any time point in the securities market is the best evaluation of the intrinsic value of securities.

有效市场假说（EM H）的核心思想是，证券市场的价格在任何时点上都是证券内在价值的最佳评估。

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The efficient market hypothesis (EMH) maintains that all stocks are perfectly priced according to their inherent investment properties, the knowledge of which all market participants possess equally.

FORBES: by Jason Van Bergen

The Efficient Markets Hypothesis (EMH) says that markets are efficient at processing information about what prices should be in a market.

FORBES: Facebook Slumps As Lock In Expires: Shouldn't The EMH Have Prevented This?